The Valentine’s Day Index

John J. Canally, Jr., CFA Chief Economic Strategist, LPL Financial

Written by 
 Boone Wealth Advisors

Read Time


The impact of economics on everyday life isn’t always clear, but the week ahead is different. Tuesday marks the fourth-busiest shopping holiday of the year — Valentine’s Day, and the following day sees the release of Consumer Price Index (CPI) data for January 2017. The consensus opinion of economists expects a month-over-month increase of 0.3% and a 2.1% rise year over year. Core inflation, which removes the impact of volatile food and energy prices, is expected to come in at 2.2% year over year. These numbers are important, but of even more near-term importance for those still looking for the right gift is how much more expensive common Valentine’s Day gifts have become over the last year.

Click here to continue reading...


Warning: Undefined array key 1 in /home/boow23/boonewealth.com/wp-includes/class-wp-query.php on line 3671

Written by Boone Wealth Advisors

See all journal entries by Boone Wealth.
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram