Get to Know the Big Four- PCE+PMI+CPI+NonFarm
Here's the deal: You've got four economic releases that supposedly move markets, but most investors treat them like they're all created equal. Spoiler alert: they're not. One of them can make or break your portfolio in 30 seconds, another one gives you a crystal ball into the future, and the other two? Well, let's just say they're more useful for cocktail party conversation than actual money-making. The Economic Data Food Chain (AKA Your Monthly Money-Moving Schedule) Think of these four releases like your monthly relationship drama, but with your portfolio. Each one plays a different role, and if you don't know who's who, you're going to get hurt. Non-Farm Payrolls: The Drama Queen This is your monthly market earthquake that shows up the first Friday and makes everything about itself. When it's good, everyone's happy. When it's bad, your portfolio […]