Tag Archives: Inflation

Memo to Wall Street:  The Monetary Cavalry Ain’t Coming

Posted on August 31, 2022 by macromon

For the past 25 years, markets have depended on central banks to bail them out because of the delusion that “inflation had been vanquished to the dustbin of history.” Even after the Jay Powell smackdown, we still hear talk of … Continue reading →

Posted in Inflation/Deflation, Monetary Policy, Uncategorized | Tagged , , , , | 22 Comments

How The U.S. Made Inflation Worse

Posted on August 16, 2022 by macromon

Not a bad primer video from CNBC on the Fed’s policy mistakes, which we all are now, literally, paying for. I would add that monetary policy is a black box, mainly because we can’t define the money supply, much less … Continue reading →

Posted in Inflation/Deflation, Monetary Policy | Tagged , , | 21 Comments

History Is Not On Inflation’s (or the Fed’s) Side

Posted on August 4, 2022 by macromon

CPI inflation hit 9.1 percent in June.  The FinMedia is quick to point out it was “the highest level in more than forty years,”   We doubt you will hear (at least from them) any context or the rest of the … Continue reading →

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Hamburger Inflation: Input Costs

Posted on May 19, 2022 by macromon
Posted in Commodities, Food Prices, Inflation/Deflation, Uncategorized | Tagged , , | Leave a comment

Fed Heads Talking 4 Percent Inflation

Posted on April 8, 2021 by macromon

Fed's Kashkari says he would not panic if he saw a 4% inflation rate-BBG — LongConvexity (@LONGCONVEXITY) April 8, 2021 The bond market might, however, assuming Kashkari’s  quote is true. We are reposting a piece, which we recieved tremendous pushback … Continue reading →

Posted in Employment, Equities, Inflation/Deflation | Tagged , , , | 24 Comments

The Macro Factors Driving The Covid Economy In Two Charts

Posted on March 8, 2021 by macromon

Here’s a couple of interesting and surprising charts, which explain what has been driving the COVID economy and why the U.S. economy is set up for monster growth over the next few quarters. When the economy fully reopens, we suspect … Continue reading →

Posted in Disinflaton, Inflation/Deflation | Tagged , , | 18 Comments

Ready For 4 Percent CPI By Mid-Year?

Posted on February 9, 2021 by macromon

Starting to hear lots of talk about inflation these days, something we have been seeing in the pipeline for the past six months. Input price inflation accelerated to a near-decade high in January. Costs increased to the greatest extent since … Continue reading →

Posted in Employment, Equities, Inflation/Deflation | Tagged , , , | 29 Comments

Stocks On A Long Monetary Leash

Posted on December 7, 2020 by macromon

M2 Money Stock – Weekly % Year-on-Year Change  Stunning to see the weekly monetary aggregates (M2) continue to grow at an unprecedented 25 percent year-on-year rate.  Not so stunning to see the stock market mania being led and fueled by … Continue reading →

Posted in Coronavirus, Economics, Uncategorized | Tagged , , , , , , | 1 Comment

QOTD: Inflationary Pressure In The Pipeline

Posted on November 12, 2020 by macromon

QOTD = Quote of the Day Inflationary pressures have started to return to the manufacturing sector, with October seeing the first – albeit slight – increases in both input costs and output prices since the first half of 2019. Demand … Continue reading →

Posted in Germany, Inflation/Deflation | Tagged , | Leave a comment

Shocked, Shocked To Find Inflation Going On Here

Posted on August 12, 2020 by macromon

The index for all items less food and energy rose 0.6 percent in July, its largest increase since January 1991.  The index for motor vehicle insurance increased sharply in July, as it did the previous month. The indexes for shelter, … Continue reading →

Posted in Coronavirus, Uncategorized | Tagged , , | 1 Comment