As I said early Wednesday morning, this was way to easy to predict. Let us begin tonight’s journey with a quick review of the FOMC […]
Tag: INFLATION
Happy Fed Blunder Day Everyone!
One year ago, here was the headline on these very pages: The Federal Reserve panicked on June 15, 2022 and raised rates 75 bps in […]
Today’s Inflation Report Was Not as Great as Advertised
This morning the Bureau of Lying Statistics issued their latest report on CPI and as usual, the Bubblevisions celebrated it with on air parties like […]
A Quick Review of Stocks: It’s an Elvis Market
What in the world to I mean by an Elvis market? Yup, trapped in a range bound nightmare. Despite yesterday’s decline and the accompanying headlines […]
2023 Vacation Book Review #2: The Price of Tomorrow
For my long time readers, most of you understand that I am not an optimist about the outcome of economic policy over the long term […]
The Stock Market is Still Stuck in the Mud
The usual suspects have been on the bubblevisions projecting a “new new” bull market and at the same time, others pushing that the end of […]
Welcome to the Stock Market Danger Zone
There is the absurd, as highlighted by James Cramer on CNBS: Then there is reality. There is a good chance for some wild action this […]
Real Inflation as Reported via PCE was Far Worse than Reported
Another week passes, another rally in make believe land, and another inflation report being pumped by the Bubblevision mafia as “better than expected” as per […]
Inflation Warning Shot: OPEC+ Cuts Oil Production Until 2024
In what can be considered a warning shot to the Western economies, the announcement within the last hour of production cuts by numerous members of […]
The CPI Reading for Inflation Should Come in Hot Today
I am standing by most of my December 31, 2022 prediction where I stated the following: -The Federal Reserve conducts a shocking 0.50% rate increase […]
Oops, Something Else Broke
So steepening the yield curve probably isn’t such a hot idea even if it’s only 12 bps thus far: And the US Treasuries are watching […]
One Chart to Sum Up the Real CPI Month over Month
Ummm, yeah, “it’s contained” or whatever. From the St. Louis Fed Economic Data, month over month percentage change in CPI-U not seasonally adjusted: So much […]
A Quick Inflation Preview for Today’s Market
I apologize in advance for not presenting the long dissertation I promised but after spending the last day and night in the emergency room with […]
One Chart to Kill the Bull Market Hopium
Gang, I’ve heard some seriously absurd points early on this year. For example: I’m old enough to remember when old Ed offered realistic appraisals of […]
Videos Summing up the Rising Grocery Store Inflation
Today I thought I would just remind the “inflation is transitory” and “inflation has peaked” crowd just how full of it they are. Because barring […]