Tag: Inflation

Common Cents

Common Cents & Recession

Some years ago, a wise person told me the true definition of an economic downturn is: “having to go without stuff your grandparents wouldn’t have dreamed of having in the first place.” I am not sure…

Common Cents

Common Cents & Good Friday

When compared to the relative ease of last year, 2022 has been akin to what an old boss of mine might have called “dragging a mule through the mud.” The crazy thing about that sentence isn’t…

An Update on Inflation’s Silver Linings

This morning, the Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) for March 2022. This is the most commonly used inflation gauge in the United States, and the investment markets were anxiously awaiting…

Common Cents

Common Cents & Rate Hikes

Next week, the Bureau of Labor Statistics (BLS) will release the Consumer Price Index (CPI), colloquially known as inflation, for March 2022. The “Street” is anticipating a reading of 1.2% for the month, which would take…

Common Cents

Common Cents & What’s an Inversion?

If you follow the financial news, you might have recently read something about a “yield curve inversion,” and what that might mean for the economy. This is when shorter-term interest rates are higher than longer-term ones,…

Common Cents

Common Cents & Bizarro World

Yesterday, I had an early morning TV interview with the Fox affiliate here in town. Not surprisingly, the topic was this week’s rate hike, and the impact it will ultimately have on the US consumer and…

Common Cents

Common Cents & Russian Crude

Obviously, the ongoing morass in eastern Europe continues to dominate global headlines. That and the recent spike in crude oil prices, especially after the US Administration (and other countries) announced a ban on Russian crude. The…

Common Cents

Common Cents & “Yes, Virginia”

We all had such high hopes for 2021, didn’t we? I can’t remember just how many times I said something along the lines of “I can’t wait to see 2020 in the rearview mirror,” but it…

Common Cents

Common Cents & Dieting

This week, the Federal Open Market Committee (FOMC), the monetary policy making arm of the Federal Reserve, met, and signaled the potential for as many as three 0.25% (25 bps) rate hikes in 2022. Further, it…

Common Cents

Common Cents & Inflation

Unless you haven’t bought anything in the last 12 months or so, you know just about everything is a little more expensive. Further, American consumers are finding things a little harder to find, everyday stuff like…