|Day's Range||52.38 - 52.45|
|52 Week Range||51.94 - 53.10|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.20%|
U.S. PCE is on its path to reach the 2% target. TIPS ETFs come to the spotlight.
This article is part of a regular series of thought leadership pieces from some of the more influential ETF strategists in the money management industry. Today's article is by Scott Kubie, CFA, chief strategist of Omaha, Nebraska-based CLS Investments. Donald Trump’s narrow presidential victory, Brexit and stronger nationalist tendencies in Europe and Asia indicate an underlying shift in the emphasis of consumers and government policy.
Today’s U.S. Consumer Price Index (CPI) numbers were notably firm, confirming that weakness in the fourth quarter of 2016 was the result of residual seasonality in core goods prices rather than a more worrisome decline in the underlying trend pace of inflation. With today’s print, the annualized core rate of inflation in the three months through January ticked up to 2.3% after having held at around 2.0% for much of the second half of 2016. As we mentioned in a recent blog post , we were careful