Welcome to the FIA News & Insights, a one-stop resource that includes insights from senior investment professionals on timely market events, their views on the economy and their respective markets. Find updates on the latest media information on Frost Investment Advisors, LLC and the most recent reprints, as well as, archival information for your reference.
CPI Reported for June Hits New Highs
The market was surprised by the breadth of price increases incorporated into the recent Consumer Price Index. Price increases were broad based, with food, energy and housing all rising significantly. There is some solace to be taken in the recent drop in gasoline and diesel prices, and the price of food grains have also dropped, but their prices are still much higher than they’ve been in many years. We will comment in depth next week.
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