What is CPI? Why is it important? And why you CAN'T MISS the CPI Live Stream...
What is CPI????
The CPI (Consumer Price Index) Data Report is a measure of the average change over time in the prices of goods and services typically purchased by households. It is published by the government statistical agencies of various countries and is used as a key indicator of inflation. The report tracks the prices of a basket of goods and services, such as food, housing, clothing, transportation, and healthcare, and calculates the percentage change in the overall price level from a base period. The CPI is widely used by economists, policymakers, and investors to assess economic performance and make decisions on monetary policy and investments.
Why is the CPI data report important to the stock market?
The CPI data report is important to the stock market because it provides insight into inflation levels and the overall health of the economy. The report tracks the change in prices for a basket of goods and services, which can give investors an indication of whether prices are rising or falling. If the CPI shows that prices are rising, it can indicate that inflation is on the rise, which can lead to changes in interest rates and impact the value of stocks. Additionally, rising prices can affect the purchasing power of consumers, which can impact the sales and earnings of companies. As a result, the stock market often reacts to changes in the CPI data report as investors and traders try to predict how the economy will perform in the future.
How Do I watch live???
To watch the CPI data report live stream hosted by Ricky Gutierrez tomorrow morning (2/14/23) all you need to do is subscribe to @rickygutierrezz on YouTube and turn your post notifications on! The live will start about 1 hour before market open 6:30 AM MST. Set your alarms! If you aren't already connected with us on Discord click the link below to join our FREE discord chat.
HERE IS THE LINK TO WATCH LIVE TOMORROW: https://youtube.com/live/H5F6SwrEjEM?feature=share
Make sure you connect with us on discord and turn your post notifications on to receive updates about our live streams: https://discord.gg/kwVQtmu
The stock market is dropping and now is the best time to start investing in the stock market! Watch me trade live in the stock market. My learn plan profit group gets to watch me trade live every day, and get a feel of what they experience daily. -Ricky Gutierrez