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US Consumer Prices Soar At Fastest In 39 Years, Real Wages Tumble For 9th Straight Month

US Consumer Prices Soar At Fastest In 39 Years, Real Wages Tumble For 9th Straight Month Consensus was convinced – with barely any outliers – that this morning’s consumer price index would print with an astonishing 7.0% YoY (and notably 7 of the last 9 releases have come in above consensus) and they nailed it […]

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My letter to the WSJ re: Inflation is not indicative of an expanding economy

My letter to the WSJ re: Inflation is not indicative of an expanding economy Re: US Consumer Prices Flat in January, but Offer Glimmer of Inflation Dear Sirs: This quote from Ms. Davidson’s article perfectly illustrates the fallacy that higher prices are desirable: ”Broad-based price growth is signalling that the wage and price pressures are building, an […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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