Posts Tagged ‘Consumer Price Index’
Inflation, the American Consumer and Recession
There are signs that the economy is beginning to slouch toward recession. This week, we’ll look at a few of those signs and some events that will have at least some effect on the US economy. Let’s begin with the fact that inflation got hot again in August. I have been repeatedly…
Read MoreMetals, Currency and Inflation
Precious metals, stocks, and bonds all rallied last week. Interestingly, the rally in metals occurred after the inflation report came in cooler than expected. This from “Zero Hedge” (Source: https://www.zerohedge.com/personal-finance/core-cpi-inches-lower-40-year-highs-real-wages-tumble-19th-straight-month) The headline CPI printed far cooler than expected at +7.7% YoY (vs 7.9% exp) and down from the +8.2% in Sept. That is the lowest…
Read MoreInflation Update and Recession Realities
When inflation first became a topic of conversation, I stated my view that unless we saw real positive, net interest rates, inflation would not be controlled. If you are a new reader, that simply means that the interest rates have to be higher than the inflation rate. If the inflation rate is higher…
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