Geopolitics Alpha

PCE Inflation Data Offers Key Insight Into December Rate Hike

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GEOPOLITICS ALPHAPCE Inflation Data Offers KeyInsight Into December Rate HikeGEOPOLITICS ALPHA

This report is about inflation and prices and US interest rates.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TIP iShares TIPS Bond ETF-0.5% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • XLP Consumer Staples Select Sector SPDR-4.0% 16d

    Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “rate hike” (US interest rates) in this story.

  • WMT Walmart+11.0% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • JPM JPMorgan Chase-3.8% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “rate hike” (US interest rates) in this story.

  • COST Costco Wholesale+11.0% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • BAC Bank of America-12.5% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “rate hike” (US interest rates) in this story.

  • PG The Procter & Gamble+8.9% 30d

    The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TIPNo price data for this ticker———————
XLPNo price data for this ticker———————
TLT+0.89%+0.83%baseafter closeafter closeafter closeafter close
WMTNo price data for this ticker———————
JPM-0.85%-1.58%baseafter closeafter closeafter closeafter close
COSTNo price data for this ticker———————
BAC+0.41%-0.65%baseafter closeafter closeafter closeafter close
PGNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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PCE Inflation Data Offers Key Insight Into December Rate Hike Barron's

Source: Barron's

This story

CompanyWhenMoveStatus
BACthree days earlier-0.65%final price
BACfive days earlier+0.41%final price
JPMthree days earlier-1.58%final price
JPMfive days earlier-0.85%final price
TLTthree days earlier+0.83%final price
TLTfive days earlier+0.89%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

25 out of 100

“PCE Inflation Data Offers Key Insight Into December Rate Hike” scores 25 out of 100. The score uses 2 sources.