Monthly Archives: October 2012
The FOMC October meeting has been and gone. No-one was expecting anything policy-wise from this meeting following the huge launch of QE3. And so with low expectations there wasn’t any disappointment. So far so good. What was of interest, though, … Continue reading
Jobs data isn’t strong. Inflation data appears to be picking up (not conclusive yet, but the weight of evidence is starting to build). Not a nice situation. I know the stagflationistas have been mouthing off for years, since 2008, and … Continue reading
Along with the sell-off this week comes this from Barron’s. While ‘The Magazine Cover’ indicator is not infallible (what is, except for the fantasies of perma bs?) this is certainly cause for circumspection.
PPI on Friday. CPI follows on Tuesday. There is increasing evidence (its not conclusive yet) that inflation measures are ticking up. Although the Fed has given guidance that its going to keep the pedal on the gas even if inflation … Continue reading
Not a huge amount of attention being given in the financial news/blogs to the constraints on West Coast gasoline supply that have pushed up prices dramatically. Will this drag on the Californian economy have more of a negative impact on … Continue reading
Just highlighting a post from one of the better bloggers out there – Humble Student of the Markets asks if China has dodged a bullet; has growth bottomed and is in the process of a turnaround? Read the post, its … Continue reading