Category Archives: Inflation/Deflation

The Gathering Storm In The Treasury Market 2.0

Posted on September 24, 2018 by

Here it is, folks,  the final product. It is a beast.  One famous blogger said of it, “This post is so big, you can see it from space.” We hope you take the time to give it a thorough read.  … Continue reading →

Posted in Bonds, Emerging Markets, Fiscal Policy, Inflation/Deflation, Interest Rates, Uncategorized | Tagged , , , | 40 Comments

Distorted Inflation Data & Dynamic Pricing

Posted on September 16, 2018 by

Just bought Bob Woodward’s new book for a birthday gift from Amazon yesterday for $18.00.  I tried to buy another one this morning and was quoted a price of  $19.32 per book.   That’s Venezuela-esque inflation, folks.  Works out to … Continue reading →

Posted in Inflation/Deflation, Uncategorized | Tagged , ,

Inflation Drives Apple Market Cap To One Trillion Dollars

Posted on August 2, 2018 by

1012 Apple’s market cap hit 1012 dollars today. Impressive but no pom-poms here at Global Macro Monitor.  We would be more impressed if Apple’s main businesses were doing better and the company was more focused on electrical engineering rather than … Continue reading →

Posted in Apple, Inflation/Deflation, Innovation, Uncategorized | Tagged , , , | 18 Comments

QOTD: Paul Tudor Jones

Posted on May 8, 2018 by

Note, no mention of “recession”, the trigger for the cheerleaders.  The bear market of    1962 and 1987 occurred with robust economic growth. You look at every bear market and they’ve always basically occurred because of an uptick in inflation … Continue reading →

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Inflation Rising…Super Spike In Yields Coming?

Posted on May 1, 2018 by

Yield curve flattening trades will flatten you in the next six months.  The march toward 4 percent on the 10-year will continue after record shorts square up positions just a little bit more. Inflation moving higher. Moreover, the supply/demand flow … Continue reading →

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Inflation Is Here, Get Used To It

Posted on April 25, 2018 by

I stopped to grab a burger in Marin County today and was kind of shocked to see the following posted on the front door.     That is a pretty steep starting wage for nonskilled labor, and $5.00 more than … Continue reading →

Posted in Equities, Food Prices, Inflation/Deflation, Uncategorized | Tagged , | 55 Comments

Inflation Indicators: Measures & Composition

Posted on March 30, 2018 by
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Upward Pressure On Interest Rates To Continue

Posted on March 10, 2018 by

Though wage inflation came in nice and cool on Friday,  the following chart illustrates why upward pressure on long-term interest rates will continue.   We updated our Who’s Funding The U.S. Budget Deficit chart with the just released Flow of Funds … Continue reading →

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Lies, Damned Lies, And Statistics…And The CPI

Posted on February 15, 2018 by

The first three of those words are attributed to the British Prime Minister,  Benjamin Disraeli, and also sometimes associated with Mark Twain. You know our skepticism of most government data, especially the BLS calculation of inflation in consumer goods and … Continue reading →

Posted in Inflation/Deflation, Uncategorized | Tagged , | 125 Comments

FT Forecasts 2018: Fastest global growth since the crisis

Posted on December 26, 2017 by

The FT’s chief economics commentator Martin Wolf predicts that next year will see the fastest global economic growth since before the financial crisis. Unemployment will fall and productivity will likely pick up before signs of overheating emerge, forcing a potential … Continue reading →

Posted in Bonds, Inflation/Deflation | Tagged , | 1 Comment