Inflation expectations now exceed the Fed’s target.
Bank of Mexico faces stagflation or worse.
Producer Price Index rises most in six years.
Bank of Mexico caught in a vise.
What, first down-tick in Seattle?
Something is moving beneath the surface.
Yellen was right to brush off “transitory” factors of “low” inflation.
Even from Japan! Its export producer prices are jumping.
How much home prices have surged past the prior bubble! But household incomes got left behind, even in Silicon Valley.
Even Seattle rents are under pressure from new construction. But rents are surging in mid-tier markets.