Founder & Head of Research, Fortress Hill Advisors

Alex Ng

Founder & Head of Research

Fortress Hill Advisors

Founded in Hong Kong in 2019, Fortress Hill Advisor seeks to provide premium economic and financial researches.

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Macroeconomics

<ul>
<li>November PCE prices at 0.1% overall and core has sharply underperformed gains of 0.3% in both overall and core CP</li>
<li>It eases some of the inflationary concerns generated by two straight gains of 0.3% in September and October core PCE prices.</li>
<li>Gains of 0.3% in personal income and 0.4% in spending are also on the low side of consensus, though still respectable in real terms.</li>
</ul>


November PCE prices at 0.1% overall and core has sharply underperformed gains of 0.3% in both overall and core CP
It eases some of the inflationary concerns generated by two straight gains of 0.3% in September and October core PCE prices.
Gains of 0.3% in personal income and 0.4% in spending are also on the low side of consensus, though still respectable in real terms.


U.S. November Core PCE Prices Significantly Softer than Core CPI