Wage growth Tracker by age Federal Reserve Bank of Atlanta After years of trying to move inflation higher (the elusive 2% inflation goal), the Fed’s ultra-easy QE policies along with plenty of help from the fiscal side (“helicopter” money, and outsized fiscal deficits) have more than accomplished the goal. Overshoot is an understatement! The financial media tells …
21% of S&P 500 returns since 2011 are driven by P/E expansion growth Lance Roberts It appears that the Santa Clause rally did arrive and right on time spurred on by the continued hope that the Democrats could still save Biden’s Build Back Better $2+ trillion spending plan (more government stimulus) and the emerging view …
Against All Odds – Equities At Nosebleed Valuations In 2022 Read More »
FRED: Personal Consumption Expenditures Invictus, Mauldin The major market moving event last week (ended November 13) was Wednesday’s CPI release showing a three-decade high level of inflation (6.2% Y/Y; 0.9% M/M). The data surprised to the upside, especially after Tuesday’s rather benign PPI release. The core metric, which excludes food and energy, increased by 0.4% M/M and …
Poor Policies And Supply Issues Are A Harbinger Of Inflation Spike Read More »
