Inflation is HOT, HOT, HOT

Today in the Market (3/10/2022)

Good Evening. Stocks in the United States have resumed their downward trend. Thursday came as US economic data showed another 40-year high CPI print.  Additionally, discussions between Russia and Ukraine’s foreign ministers failed to make headway on establishing a truce.

After achieving its greatest rise in two years the previous session, the S&P 500 fell 0.43%.  The DOW dropped  0.34%, after a 650-point rally Wednesday. The NASDAQ dropped nearly 1%. Meanwhile, the yield on the 10-year US Treasury increased 6.6 basis points to 2%. The 30-year yield in the United States increased to 2.39%, the highest level since May 2021.


Amazon (AMZN) jumped as much as 7% in pre-market trading and almost 6% after closing on Thursday after the e-commerce behemoth said that its board of directors has approved a 20-for-1 stock split.  The split will be the first since September 1999 and the fourth in the company’s history.  In addition, Amazon will implement a $10 billion share repurchase program.

The stock will begin trading on the new basis on June 6, if shareholders accept the split.

While Amazon’s stock split may have no impact on the firm’s fundamentals, it may tempt investors back into a stock that has been stagnating due to slower growth as the company ramps up spending on multiple programs.


Inflation is HOT, HOT, HOT

The Consumer Price Index (CPI) increased 7.9% in February over the previous year.  This marks  the largest yearly increase since 1982 and surpasses January’s prior 40-year high of 7.5%. According to Bloomberg data, the amount was in line with consensus economist estimates.

“Robust pay increases have been no match for the higher costs households are facing on rent, food, electricity, gasoline, and a pervasive list of both goods and services,” Greg McBride, chief financial analyst at Bankrate, said in an email on Tuesday. “The buying power of Americans is being squeezed more and more each day, and you see this reality reflected in the dour consumer sentiment readings.”

Scroll to Top

Where Are You On Your Investment Journey?




All investors are unique.  The above characteristics are examples, but may not reflect your particular investor demographics or situation.  An advisor with Edgar Investment Management, LLC will assist you with finding the best type of account for you. 

Investment advisory services are offered through Edgar Investment Management, LLC, an investment advisor registered with the State of Texas. Edgar Investment Management, LLC only offers investment advisory services where it is appropriately registered or exempt from registration and only after clients have entered into an investment advisory agreement confirming the terms of engagement and have been provided a copy of the firm’s ADV Part 2A brochure document.

The content found on this website is developed from sources we believe provide accurate information and is for educational purposes only. The information on this website is not intended as tax or legal advice. Everyone’s tax and legal situation is different, so please consult trusted and knowledgeable legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided on this website are for general information, and should not be considered a solicitation for the purchase or sale of any security.

Material and information found on this website is not intended as an offer or solicitation for the sale or purchase of any specific security, mutual fund, ETF, bond, or investment strategy.  

Investing is risky!  No guarantee as to performance of any investment is implied by this website.  Make sure you have evaluated your options and spoken with trained professionals before you implement any investment strategy.  Past performance is not indicative of future results.  

Please be advised that Edgar Investment Management, LLC is a financial advisory firm specializing in investment management and financial planning services. We do not offer or provide any CPA-related services, including tax preparation, tax planning, or other accounting services. If you require assistance with tax-related matters, we recommend consulting a qualified CPA or tax professional who can provide specialized advice tailored to your individual needs.

Edgar Investment Management, LLC is not a Public Accounting firm.


Contact Us

Best time(s) to contact you?
Best method(s) to contact you?

Contact Us

Best time(s) to contact you?
Best method(s) to contact you?

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.

  • About You

    Tell us a little about yourself. Don't be shy. Let's be friends.
  • How Can We Reach You?

    We would love to chat with you. How can we get in touch with you?
  • What's on your mind?

How much do you want to invest?