0
POPSFed's Janet Yellen Jawbones Inflation Here she goes again. As I blogged about this week, strong economic numbers in the jobs numbers and wage growth would bring Janet Yellen out of the woodwork. Right on cue... Here she is! You're so predictable, JY. Read my blog or something?
0
POPSThe Bulls are Back in Town Nothing like a little Thin Lizzy along with a nice PPI to fuel the bulls! While the PPI isn't the number the Fed is watching, it is just another indication that there really isn't much year over year inflation out there. Notice the 1.6% core inflation at the wholesale level year over year. CPI tomorrow!
1
POPSThe Absence of Inflation I know this seems counter to what folks are feeling. It seems as prices are always going up. Note the remarks by Barry Ritholtz in the comment section. Inflation measures a broad basket of goods, not just a handful of things that on our lists of "Top Ten Irks." If the cost of something is up, consumers often substitute something else. If apples are pricey, they buy bananas. If oranges are expensive, they try the grape juice. If gasoline is up, they rideshare, use mass transit, telecommute, drive less, and hybrid purchases increase. Interest rates are up because of the *fear* of inflation, rather than inflation itself. We're just not seeing the overall increase in the sum total of goods in that CPI market basket. IMHO, anyways.
0
POPSInflation? Great blog entry from Barry Ritholtz. Although, I do disagree with him that there is much inflation, as last week's CPI (including food and energy) was very mild. But the issue I want to raise here is the "FEAR" of inflation rather than inflation itself is what is scaring investors.
Newest Clips
see Newest Clips
Latest Pops
Latest Comments
Most Pops
Tags
Print
Save
Turn on live update