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How The Consumer Price Index Relates To Inflation And Why The Fed Night Not Cut Rates Any Time Soon

Are you wondering how the Consumer Price Index (CPI) relates to inflation and what it means for the Federal Reserve's decision to cut interest rates? Look no further. In this article, we will delve into the intricate relationship between CPI and inflation, and why the Fed might not be rushing to lower rates anytime soon.

SPY

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Uber Makes The Cut

On Friday at market close, Uber (NYSE: UBER) rumors of joining the S&P 500 were confirmed and should officially occur on Monday, Dec 18, 2023. Uber IPO’d over four years ago at around $42/share. Since then, Uber has struggled with state laws, paying drivers a competitive wage and becoming profitable. 

UBER

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The Bears Last Line Of Defense

Over the last three weeks, the markets have displayed an impressive bull run not seen since 2021. Not only has the market recovered over four months of losses, but it also pushed names like Microsoft (NASDAQ: MSFT) to all-time highs.

MSFT

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The Final Act?

You may have not noticed, but a fair share of Hollywood actors have been on strike since Mid-summer. As our world continues to evolve technologically, many large filmmakers/media conglomerates are starting to get greedy. The rise of artificial intelligence threatens the art of acting, as these companies want to use AI to completely replace the actors after using their likenesses and voices.

DIS