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Tag Archives: consumer price index
“Peak Inflation Is Here”- Jim Rickards
“Peak Inflation Is Here”- Jim Rickards Peak Inflation Is Here and Gone Last week Stansberry Investor’s Daniela Cambone interviewed Jim Rickards and got his take on inflation. We think this is a solid interview and Jim makes some good reasonable explanations as to why inflation has done what it has. Rickards puts much of the blame squarely […]
Prices Climb At Fastest Pace Since 1982… But It Could Have Been Worse
Prices Climb At Fastest Pace Since 1982… But It Could Have Been Worse Having surged faster than expected in 7 of the last 8 months, all eyes are on this morning’s Consumer Price Index as this is the last big release ahead of next Wednesday’s Federal Reserve decision, where Deutsche Bank economists (among many others) are expecting […]
Biden Starts To Freak Out About Soaring Inflation, Orders Economic Council To “Reduce Energy Costs”
Biden Starts To Freak Out About Soaring Inflation, Orders Economic Council To “Reduce Energy Costs” When discussing today’s “shock” CPI report we said that it was just a matter of time before there is a wave of political blowback that will make the recent anti-democrat revulsion in Virginia and NJ seem like amateur hour. Specifically, […]
Relief from High Prices Unlikely, Analysts Say Ahead of Consumer Inflation Data Release
A customer shops for meat at a Safeway store in San Francisco, Calif., on Oct. 4, 2021. (Justin Sullivan/Getty Images) Relief from High Prices Unlikely, Analysts Say Ahead of Consumer Inflation Data Release With investors closely eyeing two major data releases this week on inflation—one on producer input costs and the other on consumer prices—Wells Fargo […]
Meat Prices on the Rise
Meat Prices on the Rise (Image from Statistics Canada: Prices for meat products rise year over year in September) Canada’s CPI rose 4.4% YoY this September, according to Statistics Canada. Every major sector saw gains, but meat prices spiked 9.5%, marking the fastest pace of growth since April 2015. Canada’s Food Price Report for 2021, released […]
Peter Schiff: Stock Up Now! Inflation Could Get Very Ugly
Peter Schiff: Stock Up Now! Inflation Could Get Very Ugly The price of pretty much everything is rising precipitously. The CPI for September came in above expectations with a month-on-month increase of 0.4%. Peter Schiff appeared on Unfiltered with Dan Bongino to talk about inflation in Joe Biden’s America. Peter said you should stock up now because […]
We’re Living in a Chaos Economy. Here’s How to End It.
We’re Living in a Chaos Economy. Here’s How to End It. The Federal Reserve has been increasing the money supply at an explosive rate. The federal budget, deficits, and the trade deficit are record levels. Governments, both foreign and domestic, have locked down people, restricting production and consumption. How should this be viewed by an […]
If the Fed Can’t Hit It’s Inflation Target, Why Not Just Move the Goalposts?
If the Fed Can’t Hit It’s Inflation Target, Why Not Just Move the Goalposts? The Fed has an inflation problem. The CPI is running well above the mythical 2% target and there isn’t any sign that it will ease soon. To deal with this problem, the central bank should tighten its monetary policy. But that would create […]
Peter Schiff: When It Comes to Inflation, We’re Just Getting Started
Peter Schiff: When It Comes to Inflation, We’re Just Getting Started The July Consumer Price Index (CPI) data came out this week. For the first time, the numbers were in line with expectations, leading many mainstream pundits to declare “transitory” inflation is already starting to cool down. Peter Schiff broke down the report in his podcast. He […]
Shrinkflation, Inflation’s Sneaky Cousin, Is on the Rise
Shrinkflation, Inflation’s Sneaky Cousin, Is on the Rise Inflation has been on the rise for the past year and in the last few months it has accelerated. In June 2021, inflation, measured by the Consumer Price Index (CPI), hit the highest level since 2008. By inflation, economists refer to the increase in the general level of […]
Grocery Prices Could Rise 10 to 14 Percent By October, Grocery Chain CEO Warns
Grocery Prices Could Rise 10 to 14 Percent By October, Grocery Chain CEO Warns This warning offers a painful reminder of how price inflation hurts everyday Americans. American families are already struggling amid mounting price inflation that’s eating away at their budgets, with higher costs for housing, vehicles, and more. Yet a top CEO is warning that […]
Highest Inflation in Thirty Years Vs. Denial, Hand-Waving and Excuses
Highest Inflation in Thirty Years Vs. Denial, Hand-Waving and Excuses Photo by Joshua Earle Stepping on a Lego in bare feet hurts. Once you know the Lego is there, and it hurts when you step on it, you can’t ignore it. That Lego is right out in the open, after all. High inflation feels very similar. At […]
Weekly Commentary: Under Fire
Weekly Commentary: Under Fire The week had an ominous feel. Ten-year Treasury yields dropped another seven bps to 1.29% – completely disregarding much stronger-than-expected reports on consumer and producer prices. German bund yields fell another six bps to a three-month low negative 0.35%. Equities were down for the week in Europe, but the notable equities […]
Transitory Inflation Turning Into an Inflationary Spiral
Transitory Inflation Turning Into an Inflationary Spiral Consumer prices have been rising precipitously this year. If you annualize the Consumer Price Index through the first five months of 2021, you get a CPI increase of over 6%. Federal Reserve Chairman Jerome Powell continues to push the narrative that inflation is transitory, but not everybody buys […]
U.S. Inflation Is Highest in 13 Years as Prices Surge 5%
U.S. Inflation Is Highest in 13 Years as Prices Surge 5% The rapid rise in consumer prices in May reflected a surge in demand and shortages of labor and materials The U.S. economy’s rebound from the pandemic is driving the biggest surge in inflation in nearly 13 years, with consumer prices rising in May by […]
