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The Goldman Sachs Group, Inc. Message Board

  • smoothinvestorguy smoothinvestorguy Mar 14, 2008 8:37 AM Flag

    Knee Jerk Reaction to CPI

    Look at CPI numbers in detail! Once the market examines the numbers, they will soon figure out that Gas prices are still going up, food prices are still going up.

    Sure, on the surface it looks like inflation has been contained, but next month, inflation fears will come back.

    The market will celebrate a bit today, but this will give traders a time to dump at the open.

192.20+1.08(+0.57%)Feb 26 4:00 PMEST

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