All about risk
Link: https://mishtalk.com/economics/the-feds-preferred-measure-of-inflation-jumps-to-6-6-a-40-year-high
Graphic:
Excerpt:
The PCE price index for March increased 6.6 percent from one year ago, reflecting increases in both goods and services.
Energy prices increased 33.9 percent
Food prices increased 9.2 percent.
Excluding food and energy, the PCE price index for March increased 5.2 percent from one year ago.
Author(s): Mike Shedlock
Publication Date: 30 April 2022
Publication Site: Mish Talk
Link: https://mishtalk.com/economics/mishtalk-tv-episode-1-is-inflation-transitory-or-not
Excerpt:
The great debate is whether or not inflation is transitory.
I discuss the pros and cons with Chris Temple at the National Investor.
Chris is primarily in the “not transitory” camp, especially in regards to energy.
I discuss the “it is transitory” case.
In my view, much depends on what Congress does or doesn’t do and I do not think the matter is settled, depending of course on the duration of “transitory”.
Author(s): Mike Shedlock, Chris Temple
Publication Date: 20 Sept 2021
Publication Site: Mish Talk