Weekly Wall Street Cheat Sheet

The market seemed to shrug off geopolitical concerns and hurricane worries, focusing instead on economic data and Fed policy. As Benjamin Graham once said, “The investor’s chief problem – and even his worst enemy – is likely to be himself.” This week proved that keeping a level head amid various distractions is crucial for successful investing. The September Consumer Price Index (CPI) report came in hotter than expected, with core CPI ticking up to 3.3% year-over-year. However, there was a silver lining – the shelter component, which has been driving core inflation, saw its smallest increase since June. The Producer ...