Energy stocks have played a diminishing role in the S&P 500 Index for years, and a rally Monday did little to reverse the trend. The industry’s weight in the S&P 500 has plummeted as much as 73% from a record in July 2008, according to data compiled by Bloomberg. Oil and gas producers and service … Continue reading Where’s the Love?
The Bureau of Labor Statistics released their consumer price index summary this morning.. The consumer price index increased by 0.4% in March after a 0.2% rise in February. It matched forecasts so no surprises there. The all items index increased 1.9% over the past 12 months ending March, up slightly from the 1.5% rise for … Continue reading Higher Gas Prices, but Inflation Still Low