CPI and other C’s

“A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain. – (Origin unknown, although often...”

CPI The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent  in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics  reported today. Over the last 12 months, the all items index increased 1.4 percent before seasonal adjustment. The CPI-W increased...

B.L.S. inflation report for December

“If toilet paper were indeed money... I would be extremely wealthy at this point. ”

The BLS released the December data for consumer price inflation this morning. BLS.GOV The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in December on a seasonally adjusted basis after rising 0.2 percent in November, the U.S. Bureau of Labor Statistics reported...

Straddling the Median

“Straddling the median guarantees an eventual collision... if someone decides to play chicken. ”

I wonder how long this article will take to become political? My guess would be not long, as most people think only of serving their masters. I have long held that the current political ideologies are simply 2 sides of the same coin and only put lipstick on the pig to attract and placate their...

What Am I Missing?

“Help Me Understand.”

The best I can tell, these Covid-19 vaccines are NOT a spray on type vaccine, but one that is injected. Neither is it a shield such as in a star trek show that will prevent the virus from entering our system. The best I can understand, the vaccine alerts the immune system (which is inside us)...

What Happened?

“2020 is nearly in the books or should that be e-books?”

Covid-19 I don’t anticipate getting vaccinated before March 2021. Even then… I’ll not be cavorting about anytime soon. I would expect it will be summer before I attempt a return to normalcy as I am fairly certain I don’t fall into any essential categories. At my age, my current activity is near...

It's a Holly, Jolly...

“BAH... HUMBUG!!”

CPI The monthly report is now out… The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in November on a seasonally adjusted basis after being unchanged in October, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index...

What a Wacky World, or maybe just my area.

“Where there is a will, there is a way”

We must be nearing the end... of something.  Craziness... Remember when Sudafed was required to be sold behind the counter and the reason being its ease in making certain illegal drugs? Can wasp and hornet spray be far behind? You read that right... it can easily be used as a reagent in...

A Sense of Normalcy

“Don't overestimate the decency of the human race. - H. L. Mencken”

Now that the election is over and everyone has calmed down, kissed and made up… on to everyday matters. (I thought that was really funny!) Consumer Price Index Here’s the release. The official has 1.2% y/y, with food outpacing that rate by quite a bit and being offset by energy, which is down...

FINALLY!! (Maybe next week, sometime... or later)

“A national political campaign is better than the best circus ever heard of, with a mass baptism and a couple of hangings thrown in. ― H.L. Mencken”

The time has arrived to end this thing. I think I can safely predict the following and when. Unless you are one of those that think the republicans have a shot at California or the democrats have a shot at Alabama, which would certainly undermine this elections's integrity. Texas is looking...

A Glass Half Empty!!

“Economics is extremely useful as a form of employment for economists – John Kenneth Galbraith”

Hurrah! The GDP is up an amazing 33.1% (annualized). But, the GDP is still down -3.48% from end of 2019... or roughly -14.0% annualized. No problem!! The release is based on data from July, August and September... meaning it is in the rear view mirror. It will also be revised at end of November...