Entries by Spencer Li

What is Supercore Inflation and How to Trade it?

The Federal Reserve in the US is now using “supercore inflation” to guide interest-rate policy. This narrow measure of inflation comprises the prices of services (e.g. barbers, lawyers, plumbers) excluding housing and energy prices. The Fed is paying close attention to services as they tend to be driven by the cost of labor, which the […]

What is the CPI (Consumer Price Index) and How to Trade it?

Recently, one of the hottest economic indicator is the Consumer Price Index (CPI), and it has been one of major maker movers, but what exactly does it tell us? Released once a month, it measures the average change in prices of a basket of goods and services consumed by consumers, providing insight into inflation and […]

Weekly Market Wrap: Rate Hikes, Big Tech Earnings, Crypto Surge!

In last week’s NFP (non-farm payroll) report, the US added 517,000 jobs in January, higher than expected and pushing the unemployment rate down to 3.4%, its lowest since 1969. Job growth was revised higher for November and December, adding an additional 71,000 jobs. The strong job growth may not be welcomed by the Federal Reserve, […]

Fed Hikes Rates by 0.25%: What’s Next for the Markets?

The Federal Reserve recently raised its interest rates by a quarter point, signaling that more rate increases are on the horizon. Despite this stance, investors are betting on only one more quarter-point increase, with some suggesting that the Fed may even cut its target range back to its current level by the end of next […]

What is the NFP (Non-Farm Payroll) and How to Trade it?

The Non-farm payroll (NFP) is one of the most watched economic indicator by traders and investors, as it provides insight into the health of the US labor market. Released on the first Friday of each month, the NFP report tracks the change in the number of employees excluding farm employees, government employees, and non-profit organizations. […]