Tag Archives: Inflation

Is Inflation Driving the U.S. Wealth/Income Gap?

Posted on March 22, 2012 by macromon

The bears video got us motivated to put together a chart of the S&P500 and gas prices over the past year.   It’s stunning, though not surprising, to see how both series move together.   The two charts below help explain a … Continue reading →

Posted in Economics, Employment, Energy, Equities, Video | Tagged , , , | 12 Comments

What’s Driving U.S. Inflation?

Posted on March 19, 2012 by macromon

The Consumer Price Index for All Urban Consumers (CPI-U) in the U.S. increased 2.9 percent in February before seasonal adjustment.  These BLS charts and table illustrate what is driving the increase. (click here is charts and table are not observable)

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

What’s Inflating in the U.S. Consumer Basket

Posted on February 21, 2012 by macromon

Note all components are above the 10-year Treasury yield.    That’s some financial repression! (click here if chart is not observable)

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China Notes from the Yum! Brands Earnings Call

Posted on October 5, 2011 by macromon

Today’s Yum! Brands’ earnings conference call was dominated by China.  Management talked a lot about commodity inflation running around 8 percent and 20% labor inflation, which they do not yet see abating.   This doesn’t square with the August official inflation … Continue reading →

Posted in Black Swan Watch, China, Commodities | Tagged , , , | Leave a comment

Macro Notes from the Kellogg’s Conference Call

Posted on May 4, 2011 by macromon

We find it fascinating how companies are engaging the consumer.  Check out how Kellogg’s is doing it with digital media.   The following are direct quotes from company executives from today’s earnings conference call. Digital Media Advertising – “Engaging the Consumer” … Continue reading →

Posted in Charts, Commodities, Earnings | Tagged , , , , , | Leave a comment

Week in Review: Is This Time Different?

Posted on April 18, 2011 by macromon

Not much to say tonight and will point you to a great chart sent to us by our friend Jim Miller.   Is it really different this time or are we at the height of a commodity bubble which is about … Continue reading →

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Chart of the Day: Fed Ownership of the Yield Curve

Posted on April 11, 2011 by macromon

We’ve updated our chart illustrating the Fed ownership of the U.S. yield curve.   We’ve also included the percentage of total maturities the Fed owns in each year from the April 2011 data and December 2010 data.   Most of POMO buying … Continue reading →

Posted in Bonds, Budget Deficit, Chart of the Day, Commodities, Credit, Sovereign Debt, Sovereign Risk | Tagged , , , , | 1 Comment

The Global Economy’s Unstable Equilibrium

Posted on March 8, 2011 by macromon

We’ve put together this nice little graphic which reflects our view the global economy is in a very unstable equilibrium and list many of the issues and headwinds it faces.   Global economic growth, based on monetary or credit induced asset … Continue reading →

Posted in Black Swan Watch, Charts, Economics, Policy, Politics | Tagged , , , | 6 Comments

Will Higher Prices Show Up in the CPI?

Posted on February 24, 2011 by macromon

Great ‘toon from the Economist.  Maybe the bureaucrats can argue that the higher commodity price component of goods and services is only temporary and can be counted as a surcharge as not be be included in the inflation stats.  On … Continue reading →

Posted in Economics, Food Prices | Tagged , , , | Leave a comment