PPI Follow Up
This may be a bit wonky, but follow it thorough to the end. Yesterday, we discussed how you can avoid the usual seasonal adjustments and...
Widening Spread Between Nat Gas and Crude Oil
Apropos of our earlier post this morn, see this chart porn for energy traders from Floyd Norris’ Saturday NYT column: Graphic...
Are Retail Stocks Bargains?
“Retailers are one of the few sectors that appear to be pricing in the fear of a recession.” -Bill Nygren, manager of the...
Crude Oil = $98; Gold = $845
The Fed recklessly abandons their price stability mandate, and this is what it has wrought: Dollar at record lows, oil and gold near all...
Headline of the Day: Electricity Deregulation
File this one under DUH! Competitively Priced Electricity Costs More, Studies ShowRetail electricity prices have risen much more in...
Crude Oil hits $97
Ouch! "Crude prices have spiked more than 20 percent in the last three weeks. The jump is unusual because this time of year is known...
Headline of the Day II: $1 Trillion!
Holy shnikes! PetroChina’s Value Tops $1 Trillion, Surpassing Exxon...
“Benign” Inflation, Added Surcharges
If you want to know about abstract economic theory, speak to an economist. However, if you have questions about inflation, I suggest that...
Inflation ex-inflation to be Official Fed Policy?
Well, it seems to be just about official: Inflation ex-inflation has formally become the policy of the Federal Reserve. At least,...
Repeat After Me: There is NO Inflation
We interrupt our previously scheduled Black Monday retrospective to bring you this friendly inflation reminder. Even though Oil is at...