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…
Inflation Down But Not Out – Raises Galore!
The current narrative is that inflation is down and all of our inflationary problems will soon be part of the distant past but there are things happening right now that…
BLS: June CPI 2023
The BLS reported inflation inflation at 3 percent year over year so is it time to break out the champagne? Well, before you pop open that bottle, let’s take a…
May 2022 – Top US Trading Partner Inflation
We live in a global economy so inflation in another country will result, at some level, inflation back in the United States. The shocker this week was the Bank of…
BLS: May CPI
Inflation for May came in at a much more tame 4 percent year over year and while that’s great it is still far from the 2% inflation rate the Fed…
Core Personal Consumption Expenditures UP 4.7 Percent
The Fed’s preferred measure of inflation is up for April at 0.4 percent (annualized at 4.7%) despite 500% increase in the Fed funds rate so it would seem more rate…