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Monthly Archives: March 2022
Chart of the Day: Russian Crude Oil Imports
#CKStrong Source: Financial Times
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How Much Gas Will the Average Hourly Wage Purchase?
#CKStrong This chart illustrates how many gallons of gas – the national average of all grades and formulations – the average hourly earnings of production and nonsupervisory employees can purchase. We believe it’s imperative to give context to and normalize … Continue reading
Posted in Uncategorized
17 Comments
CPI Food Inflation: Carnivores In Pain
#CKStrong Here’s the raw data from this morning’s CPI release. Make your inferences. The percentage change in the Consumer Price Index for all items was up 0.8percent in February and 7.9 percent y/y. All food items were up 1.0 percent … Continue reading
Posted in Inflation/Deflation
1 Comment
QOTD: The Putin Era Is Over
#CKStrong QOTD: Quote of the Day So, to the people who were in power today who are making those national security calls, I don’t care if you’re a Republican or a Democrat or an Independent or anything else, we should … Continue reading
Posted in Uncategorized
4 Comments
Real Oil Prices Are 36 Below
#CKStrong We dedicate this one to CK, who sparked our interest. The following chart illustrates the”real” oil price — the average monthly cash price of West Texas Intermediate Crude deflated by the Consumer Price Index. Indexed so that January 2000 … Continue reading
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QOTD: High Gas Price But A Clean Conscience
#CKStrong QOTD: Quote of the Day Today, the average gas price in America hit an all-time record high of over four dollars per gallon. OKAY, that stings, but a clean conscience [burden sharing with Ukraine] is worth a buck or … Continue reading
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Auto Makers Facing Soaring Metal Costs
#CKStrong First, semiconductors, and now metal prices. Electrification Of The Transporation Sector By the way, battery metals – cobalt, lithium and nickel – play a big role in EV production. Have you seen the price of nickel in the past … Continue reading
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QsOTD: The Devil Is My Friend
#CKStrong QsOTD: Quotes of the Day Hold those emails until reading this post’s title in the correct context. Also, maybe reconsider your criticisms as you see your leaders jumping in bed with strange bedfellows.
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What Happens When Your Enemy Isn’t Rational
#CKStrong Somehow Morgan Housel’s prescient January 5th blog post popped up on my screen the other night. It happened after a day of listening to analysts speculate about Vladimir Putin’s mental health, The efforts come as longtime Putin-watchers have publicly … Continue reading
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Nonfarm Payrolls: Who’s Bringing Home The Bacon?
#CKStrong As promised, Part Deux of our deeper dive into Friday’s payrolls report with the Top 50 industries with the fastest and slowest wage growth as measured by the BLS’ Average Hourly Earnings (AHE) data miners Have a look and make your … Continue reading
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