Since it Costs a Lot to Win, and Even More to Lose, You and me Better Spend Some Time, Wondrin’ What to Choose.

Last Wednesday the Labor Department released their Consumer Price Index (CPI) data and while these data were in line with expectations (maybe a little better), there is a continued expectation for rates to increase another 25bp at the next Federal Reserve meeting.  Year over year numbers suggest core inflation around 5.6% which is still a far cry from the Fed’s 2% target, but month over month data suggesting 0.1% is actually quite exciting as it is down from 0.4% a month ago.