US GDP grew 3.4% and core PCE held at 3.1% — December is now a hike trade, not a cut trade
Published . Updated .
This report is about inflation and prices.
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 “pce” (inflation and prices) in this story.
- XLP Consumer Staples Select Sector SPDR-3.2% 15d
Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “pce” (inflation and prices) in this story.
- WMT Walmart+14.9% 30d
Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “pce” (inflation and prices) in this story.
- COST Costco Wholesale+12.7% 30d
Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “pce” (inflation and prices) in this story.
- PG The Procter & Gamble+10.2% 30d
The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “pce” (inflation and prices) in this story.
- KO The Coca-Cola+8.0% 30d
The Coca-Cola (beverages): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “pce” (inflation and prices) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TIP | -0.20% | -0.13% | base | +0.23% | -0.06% | after close | after close |
| XLP | +0.14% | -1.11% | base | +1.44% | +3.06% | after close | after close |
| WMT | -1.14% | -1.61% | base | +1.86% | +5.33% | after close | after close |
| COST | +0.74% | -0.38% | base | +1.67% | +4.50% | after close | after close |
| PG | +0.34% | -0.85% | base | +0.62% | +1.89% | after close | after close |
| KO | -0.15% | -1.78% | base | +1.38% | +3.25% | after close | after close |
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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US GDP grew 3.4% and core PCE held at 3.1% — December is now a hike trade, not a cut trade Mitrade
Source: Mitrade
This story
| Company | When | Move | Status |
|---|---|---|---|
| COST | that day | +1.67% | final price |
| COST | the next day | +4.50% | final price |
| COST | three days earlier | -0.38% | final price |
| COST | five days earlier | +0.74% | final price |
| KO | that day | +1.38% | final price |
| KO | the next day | +3.25% | final price |
| KO | three days earlier | -1.78% | final price |
| KO | five days earlier | -0.15% | final price |
| PG | that day | +0.62% | final price |
| PG | the next day | +1.89% | final price |
| PG | three days earlier | -0.85% | final price |
| PG | five days earlier | +0.34% | final price |
| TIP | that day | +0.23% | final price |
| TIP | the next day | -0.06% | final price |
| TIP | three days earlier | -0.13% | final price |
| TIP | five days earlier | -0.20% | final price |
| WMT | that day | +1.86% | final price |
| WMT | the next day | +5.33% | final price |
| WMT | three days earlier | -1.61% | final price |
| WMT | five days earlier | -1.14% | final price |
| XLP | that day | +1.44% | final price |
| XLP | the next day | +3.06% | final price |
| XLP | three days earlier | -1.11% | final price |
| XLP | five days earlier | +0.14% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 32 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 35 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST), worth $100,001 - $250,000 on 13 Oct 2026. That is 17 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 35 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. David J. Taylor sold Procter & Gamble (PG), worth $1,001 - $15,000 on 12 Oct 2026. That is 18 days before publication. Filed 15 Oct 2026. View the filing.
- Rep. Pete Sessions sold Procter & Gamble (PG), worth $1,001 - $15,000 on 8 Oct 2026. That is 22 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Procter & Gamble (PG) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 35 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern bought Coca Cola (KO) (jointly held), worth $1,001 - $15,000 on 31 Aug 2026. That is 60 days before publication. Filed 25 Sep 2026. View the filing.
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
12 out of 100
“US GDP grew 3.4% and core PCE held at 3.1% — December is now a hike trade, not a cut trade” scores 12 out of 100. The score uses 1 sources.