Welcome to bloomberg markets. Take a look at the markets. I have green on the screen behind me. The s p 500 up. 5. Same with big tech. Yields higher as well. Take a look at the 10year treasury yield higher by four basis points. Solidly over 4 . Added thanks to this mornings cpi data. Lets get a break down from mike mckeon. It came in hot. I would say it came in warm. The headline was that it was higher than expected coming in at. 4 rather than. 3 . A lot of that is due to energy and the fed will look past that. The core rate came in unchanged, a. 4 percent increase. What went up . Car insurance went up. It continues to do that. It is a sticky Price Inflation thing. Gasoline up 3. 8 . It had been a regular dropping gasoline for months and it has turned the other way as gasoline usage takes up here used cars up. 5 . 6 for apparel. Dani burger was pointing out that most of that was for womenswear. Bad news there. What does it mean for the fed . The fed is looking at things in terms of thr
Out there thatn Goldman Sachs is not setting a high enough target for its return on equity. Some investors say they need to get that up from when they went they had al 2007, 30 return on equity share. They have barely gotten 10 over the past few years. The interesting thing is they only need 10 for Lloyd Blankfein to get a big bonus. Investors say that this will be one of the big issues for them. Jobs report is any indication, there is still a lot of uncertainty out there. So can goldman guarantee higher returns . Analysts say they cannot. Regulators are forcing them to hold back more of their equity as capital. Stories i haveop been looking at is technology. Ongot more information target and how those potential 110 million customer accounts were compromised. Malwarey what they say, infected their pos system in their stores, and hackers were able to get the data in an unencrypted state. They saw peoples names, credit card numbers, and they were able to upload that that an astounding sp