Brilliant cartoon, from the New Yorker 1981:
CPI Goes Higher on Food, Energy, Transportation, Medical,...
If you are purchaser of computers, women’s clothing, or household furnishings, well then I have some good news for you: Everything...
Will the Fed Hike Anytime Soon?
Let’s have a quick Fed recap: -Fed Funds Futures are now pricing in a 100% chance that the Fed raises rates by a total of 50 bps by...
Roach: The New Stagflation
Stephan Roach is chairman of Morgan Stanley Asia, and pens this missive for the FT, in which he contextualizes why the Fed’s...
Enhanced Misery Index
Yesterday, we asked what the Misery Index would look like if the CPI and Unemployment were reported honestly. A colleague at...
12 Questions on Markets and the Economy
Today we are going try something a little different. Rather then synthesize what’s in the news, flavored with my opinions, I am...
Hedonically-Adjusted, Well-Spun, Nominal Misery Index
Numerous pundits have taken to claiming that the Misery Index — a combination of Inflation measures and Unemployment — is...
ISM Prices (May 2008)
As a follow up to ISM the other day, I wanted to pass along this chart, showing stagnant growth, but a big spike in prices paid: via Jake
US Agriculture Secy: Food Inflation to Hit 43%
"Internationally we’re looking at a 43% inflation rate in food this year," Ed Schafer, US secretary of Agriculture, told...
Inflation, Zimbabwe Style
Via Prieur du Plessis’ website, we see that inflation in Zimbabwe remains slightly elevated (Fortunately for the Mugabe regime,...