Inflation
In Alabama, the college football season officially starts September 3rd. On that Saturday, Auburn takes on Mercer, and Alabama squares off against Utah State. I can hardly wait. Hey, don’t get me wrong — I am…
The specter of long-term inflation loomed over the markets during the 2nd Quarter of 2022. As the 12-month Consumer Price Index (CPI) hit a 40-year during the quarter, people wondered exactly what the Fed meant by…
Doing what I do for a living, I tend to be popular when I don’t really want to be. After all, when the markets are going up and the economy is humming, who really cares what…
A couple of days ago, my wife asked me what I wanted for Father’s Day. Since I am not her father, I told her I wanted for nothing, and I meant it. If the kids want…
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…
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…
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…
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…
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,…
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…