Yearly Archives: 2022

The World’s Breadbasket

Posted on August 2, 2022 by macromon

There was some rare good news out of Ukraine today when a vessel loaded with 26,000 tons of corn left the port of Odesa — the first legal shipment of grain since Russia’s invasion began in late February. It’s a … Continue reading →

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QOTD: Siding With King George

Posted on July 16, 2022 by macromon

QOTD: Quote of the Day Better Call Saul CNBC. A year ago financial market pricing expected 2.4% inflation over the following 12 months. We got 9.1% inflation. So maybe financial markets are not omniscient. — Jason Furman (@jasonfurman) July 14, … Continue reading →

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The Over/Under On The CPI Number

Posted on July 12, 2022 by macromon

The BLS reports CPI inflation tomorrow with the expectations of the print in the above table. We are taking the under on the overall consensus expectation of 1.1 percent and the over on the core of  0.5 percent.   All based … Continue reading →

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Greedflation?

Posted on July 10, 2022 by macromon
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Container Port Congestion

Posted on July 8, 2022 by macromon
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QOTD: The Bastardizing Of The Second Amendment

Posted on July 7, 2022 by macromon

For Carol K.  QOTD: Quote of the Day “the gun lobby’s interpretation of the Second Amendment is one of the greatest pieces of fraud . . . that I have ever seen in my lifetime.” – William Berger, Chief Justice of SCOTUS,  1969-86, appointed … Continue reading →

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Call The Repo Man

Posted on July 6, 2022 by macromon

Does anybody remember this cult classic? Looks like he will soon be back in action with a vengeance:  A record share of new car shoppers are being saddled with monthly payments topping $1,000, according to June data from Edmunds. That’s higher than the … Continue reading →

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Sneak-flation Cometh!

Posted on June 29, 2022 by macromon

Add to Shrinkflaton, among others.

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History’s Biggest “Butterfly Effect” Occurred On This Day

Posted on June 27, 2022 by macromon

Originally Posted on June 27, 2017 by macromon The butterfly effect is the concept that small causes can have large effects. Initially, it was used with weather prediction but later the term became a metaphor used in and out of … Continue reading →

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Gimme Shelter…Inflation Receding?

Posted on June 27, 2022 by macromon

Inflation peaking?  Doubt it.  The price of shelter, which is about one-third of the CPI basket, is screaming higher.  Last month, we wrote about our old baseball buddy, who was slammed with a rent increase.    We caught this article … Continue reading →

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