Financial Review

..Stocks move higher again. PPI shows inflation at the wholesale level. Why the markets seemed to stop worrying about inflation. Financial Review by Sinclair Noe for 02-15-2018   DOW + 306 = 25,200 SPX + 32 = 2731 NAS + 112 = 7256 RUT + 15 = 1537 10 Y – .02 = 2.89% OIL + .89 = 61.49 GOLD + 3.10 = 1354.30   Stocks moved higher for a fifth consecutive session. Go figure   Wholesale prices shot up 0.4% in January, another sign that inflation is perking up. The 12-month rate of wholesale inflation rose a tick to 2.7% in January. The biggest culprit: higher oil prices. Yet a more stable measure known as core Producer Price Index, or core PPI, also rose 0.4%, suggesting price pressures are more widespread. The core rate strips out food, energy and trade margins — volatile categories that can distort the report from month to month. The yearly rate of core inflation edged up to 2.5%.   The National Association of Home Builders/Wells Fargo housing market index stayed at 72 in February. That’s a very strong reading, an