Tag Archives: consumer price index
Bringing About Our Own Special Misery
Consumer confidence laid a rotten egg in October. The Conference Board’s index of consumer sentiment was reported Wednesday at 39.8…its lowest reading since March of 2009. To put this in perspective, during a robust economy, consumer confidence readings are at … Continue reading
The Wrath of Inflation
The U.S. Bureau of Labor Statistics reported on Wednesday that inflation, as measured by the Consumer Price Index, increased 0.3 percent in September. Increases in energy and food prices were the main contributors to the rise. On an annualized basis, … Continue reading
When Hell Froze Over
“By the pricking of my thumbs, something wicked this way comes.” – William Shakespeare, Macbeth On Tuesday, presidential candidate Rick Perry said further money printing between now and the election by Federal Reserve Chairman Ben Bernanke “…is almost treasonous.” Immediately, … Continue reading
Up the Creek Without a Paddle
This must be, without a doubt, one of the worst weeks we can remember. Each day the news out of Japan goes from bad to more bad. Here in the U.S. we gawk and grimace at the destruction wrought by … Continue reading
