This is a chart of the monthly CORE CPI numbers (small dashes) and a 5 period sma of the CCPI. The top graph is the more important aspect, it is a Rate-of-change (ROC) of the CCPI. These are stockcharts numbers, I haven’t verified, but it seems that it is continuing to decline. Just FYI.
This afternoon will be telling. I picked up a couple positions earlier. Am going to go out and work on the garden and yard for the rest of the day.
Love to hear some thoughts and comments.
Lakedog
PS Gotta give credit where credit is due. I started following this data a few months ago after seeing Tom Bowley show a similar chart in one of his videos. Gives an interesting perspective. He’s may be a little too bullish, but I like his style of analysis.