Transitory?

“I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes...”

It is looking more like this spate of inflation is transitory, imo. Probably not a popular notion, but the evidence is all over yesterday's CPI release.  Let's not forget that the CPI fell in the opening months of the covid outbreak, so this month's "annual" is based where the CPI had cratered...

Is This the New Normal?

“Patience is not simply the ability to wait - it's how we behave while we're waiting. - Joyce Meyer ”

Ventured out amongst the masses today and realized that I should probably avoid the public as much as possible. I was simply going inside a drug store to pickup my wife’s bowel prep, which wouldn’t fit in the drive thru window. There were two windows, very clearly marked… one for vaccinations...

Inflation is 'Lumber'ing Along

“I don't mind going back to daylight saving time. With inflation, the hour will be the only thing I've saved all year. - Victor Borge”

Another inflation report has come out and "gasp"... it is bigger than it has been for awhile. The report... The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percent in April on a seasonally adjusted basis after rising 0.6 percent in March, the U.S. Bureau of Labor...

Who's Driving the Bus?

“Photo courtesy of GPD.”

The B.L.S. has released another month of data. How many guesses do you need to determine direction of prices? The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in March on a seasonally adjusted basis after rising 0.4 percent in February, the U.S. Bureau of Labor...

B.L.S. Releases CPI Results and other stuff

“Everything is looking up!!”

INFLATION The Bureau of Labor Statistics released the latest report.  The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in February on a seasonally adjusted basis after rising 0.3 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last...

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...