PPI ETF

Post Holdings agrees to take over Potato Products of Idaho, signaling its entry into the refrigerated and frozen potato market.

Investors think that the only stocks exposed to the business cycle are commodity-based names, basic products, and the like, where profit margins and sales fluctuate between high and low based on the pricing of the underlying product being manufactured and sold. However, this affects other stocks that depend on any single material, such as eggs, and today's PPI index shows that egg prices have gone nowhere but up.

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.

October PPI In Line With Expectations.

Long-time ETF industry veteran and CEO and CIO of Astoria Advisors, John Davi, launched his firm's third ETF at the start of October. The Astoria US Quality Growth Kings ETF (GQQQ) joined the $145 million Astoria US Equal Weight Quality Kings ETF (ROE) and the $65 million AXS Astoria Inflation Sensitive ETF (PPI).

Year-over-year PPI has been the low water mark for inflation levels going back several months, and today shows a +1.8% for September.