What is the CPI?

Hey Traders,

You've probably heard about the CPI before, but maybe you don't know what it is.

It's not the Carter Performance Index. If it were, that baby would be off the charts every single month!

No, the CPI is the Consumer Price Index. Officially, according to the U.S. Bureau of Labor Statistics, it's "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services."

But in plain English, it's how we measure inflation.

We get the next CPI number on Tuesday of this week, at 8:30 AM, and it will have a profound effect on the market.

Let's talk about it:

Watch Jack's Video

If inflation is higher than expected or lower than expected, either way, we're going to see the market react.

So you need to prepare for whatever may come.

I've created something I hope will help… It's a brand new resource I call the Income Emergency Handbook, collecting five of my favorite strategies for rocky markets into one powerhouse report.

Grab a copy here if you're interested (it's just $5)

Whatever CPI holds, I know we're going to have a great week of trading together.

Look out for a link tomorrow morning around 9:00 AM for a special session I'm doing with Roger Scott!

I can't wait to see you there.

Trade well,