‘Sticky CPI’ Hottest Since July 2008. What will Yellen do?
Nobody even knows what it’s like anymore.
“Bond Bubble becomes more extreme” and stocks are “overvalued,” say 11,000 financial professionals – but where’s the dang sell-button?
The notion that a hairline puncture of the zero-inflation line is a precursor of a deflationary calamity amounts to economic voodoo.
It’ll take more than tape to fix the lives it chews up.
Real annual earnings of production and nonsupervisory workers: down 15.4% from 42 years ago.
The designated losers of monetary policy. There are a lot of them.
Rents and housing costs make up 30% of the Consumer Price Index. They’re its largest component. They’re soaring in real life. But not in the CPI.
She’ll be 55 before her net life-time earnings equal those of an enterprising person who left school at 16.
An impoverished nation now finds a commodity to be too expensive though it really hasn’t changed in price in over four decades – in terms of silver.