U.S. equities are down another 1.0% on Thursday even after the Fed’s favourite gauge brought in “some” good news on the inflation front.
Mona Mahajan’s view on inflation
នេះ សន្ទស្សន៍តម្លៃស្នូល PCE was up 4.7% in May versus a hotter 4.8% increase expected. According to Mona Mahajan – Senior Investment Strategist at Edward Jones – inflation will likely begin to moderate by the end of 2022.
We’re looking at a potentially cooling housing market, a potentially slowing labour market, which will over time impact wage growth as well. So, our base case continues to be that by year-end, we’ll see core inflation start to moderate.
On a monthly basis, the index was up 0.3% – 0.1 percentage points below the Dow Jones estimate. Broadly, though, the measure remains at levels last seen in 1980s.
តើសេដ្ឋកិច្ចអាមេរិកឈានទៅរកវិបត្តិសេដ្ឋកិច្ចឬ?
Mona Mahajan says the market is pricing in a recession after the Federal Reserve raised rates by 75 basis points earlier this month. This morning on "Squawk Box" របស់ CNBC, នាងបានកត់សម្គាល់ថា:
Eleven of the last fourteen cycles have ended in some sort of a recessionary environment and this cycle happens to be very aggressive. What we’re seeing is markets starting to price in a downturn rather than focused on inflation.
សេដ្ឋកិច្ចអាមេរិកបានធ្លាក់ចុះក្នុងល្បឿនប្រចាំឆ្នាំ 1.60% នៅក្នុងត្រីមាសទីមួយនៃឆ្នាំ 2022។ ត្រីមាសមួយទៀតនៃ GDP អវិជ្ជមាននឹងពិនិត្យមើលនិយមន័យបច្ចេកទេសនៃវិបត្តិសេដ្ឋកិច្ច។
ប្រកាស សន្ទស្សន៍តម្លៃ PCE ខែឧសភា៖ 'អតិផរណាស្នូលនៅចុងឆ្នាំនឹងចាប់ផ្តើមក្នុងកម្រិតមធ្យម' បានបង្ហាញខ្លួនជាលើកដំបូង អ៊ីនវេស.
Source: https://invezz.com/news/2022/06/30/pce-price-index-may-by-year-end-core-inflation-will-start-to-moderate/