The Inflation Indicator by John A. Lohman
ARTICLE SYNOPSIS ...The Inflation Indicator by John A. Lohman
Former Amex trader John Lohman delves into an inflation indicator that leads the Consumer Price Index (CPI) by about six months.
In 1992, technician John J. Murphy wrote a series of articles in STOCKS & COMMODITIES that detailed the
interrelationships between markets and the importance of studying each market in the context of others. This concept, better known as intermarket analysis, is perhaps one of the simplest yet most useful means of comprehending and anticipating major shifts in the stock, bond and commodity markets.
One of the driving forc...