August 2023 – Top US Trading Partner Inflation
We finally compiled the chart for the August inflation and while there was progress the prior months, that all started to change in August. Let’s get to it. The average…
The Fed vs. The World
The Fed opted not to hike at today’s FOMC meeting which did surprise us given the recent headline news. Oil is over $90 barrel. Amazon plans to hire 250,000 while…
BLS: August PPI 2023
The BLS released the PPI for August and it came in hotter than expected. The Producer Price Index for final demand increased 0.7 percent in August, seasonally adjusted, after rising…
BLS: August CPI 2023
The BLS released the CPI for August and inflation is moving up again and we’re not surprised. With the price of oil climbing, millions of boomers retiring, potential worker strikes…
Health Insurance Costs to Grow 6.5 percent?
The Wall Street Journal had an exclusive article today regarding health insurance costs projecting to increase by 6.5 percent based on data from Willis Tower Watson. The article cites the…
What About Gold?
In January of 1980, gold hit a peak of $830/oz and as of August 2023, the last price of gold was listed at $1915/oz so is that a good return?…
July 2023 – Top Trading Partner Inflation Check
It seems Canada, India and thee United States all had an uptick in inflation for July and this despite the Fed raising rates 525% and possibly continuing to do so…
More Rate Hikes, More T-Bills
CNBC is reporting that the Fed is concerned about inflation be rekindled and based on most of the economic data coming out lately, it sure seems like people are continuing…
BLS: July PPI 2023
The BLS released their PPI report today and it shows that inflation is still stubbornly resilient. The Producer Price Index for final demand increased 0.3 percent in July, seasonally adjusted,…
BLS: July CPI 2023
The BLS released the inflation report today and while some progress has been made inflation is not moving in the right direction. The Consumer Price Index for All Urban Consumers…