David White: PPI up 1.8% vs. expected 1.0% -- sign of inflation. Core PPI up .5% vs expected .3%. This indicates Fed rate hike likely sooner than later.
David White: +.6% CPI increase. But PPI still down. Stimulus ending soon. Production up 19.2%. Oversupply on stimulus end ==> deflation.Nov Exports -1.2%
David White: PPI declined -.6% in Sept. vs the expectation of +.1%. This is real deflation. It's extremely bad news that other sectors may join housing.
David White: Market tendency is up tomorrow after AAPL's results. Still Building Permits, Housing Starts, and PPI data will strongly influence the day.
David White: Aug PPI Crude Goods Core up +6.0%. If up again in Sept., higher price could lead to lower demand. Another reason retail sales may be down.
David White: Retail sales up more than expected, but PPI up more than expected too (higher energy costs mostly). Aug. auto sales +10.6%. Ex-autos +1.1%.