January 13, 2022
“… The producer price index, a measure of wholesale prices for goods and services, increased 0.2% in December, below the 0.4% estimate. For all of 2021, the 9.7% gain was the biggest on record in data going back to 2010.… Continue Reading…
January 12, 2022
“…The consumer price index, a gauge that measures costs across dozens of items, increased 7%, according to the department’s Bureau of Labor Statistics. On a monthly basis, CPI increased 0.5%. Economists surveyed by Dow Jones had been expecting the measure to… Continue Reading…
December 15, 2021
“U.S. retail sales rose by less than forecast in November, suggesting that consumers are tempering purchases against a backdrop of the fastest inflation in decades…. The value of overall retail purchases increased 0.3%, the smallest advance in four months after… Continue Reading…
December 10, 2021
“The consumer price index, which measures the cost of a wide-ranging basket of goods and services, rose 0.8% for the month, good for a 6.8% pace on a year over year basis and the fastest rate since June 1982. Excluding food… Continue Reading…
December 2, 2021
“EDITOR’S NOTE: America prides itself on being the greatest in the world in so many areas. In 2021, we are once again among the top countries in the world in a major economic category. Unfortunately, that category is inflation. Yahoo!… Continue Reading…
December 2, 2021
“EDITOR’S NOTE: Jeremy Siegel, a professor at the prestigious University of Pennsylvania’s Wharton Business School, “told the assembled wealth managers at the Forbes/SHOOK Top Advisor Summit in Las Vegas that the current economic picture is unsustainable and projected 20% to… Continue Reading…
November 29, 2021
“From appliance stores in the United States to food markets in Hungary and gas stations in Poland, rising consumer prices fueled by high energy costs and supply chain disruptions are putting a pinch on households and businesses worldwide. Rising inflation is leading to price… Continue Reading…
November 10, 2021
“The consumer price index, which is a basket of products ranging from gasoline and health care to groceries and rents, rose 6.2% from a year ago, the most since December 1990. That compared with the 5.9% Dow Jones estimate. On… Continue Reading…
October 25, 2021
“The Chairman and CEO of Berkshire Hathaway, during a 2015 shareholder meeting, noted that: “The best businesses during inflation are the businesses that you buy once and then you don’t have to keep making capital investments subsequently,” while you should avoid… Continue Reading…
October 14, 2021
“The producer price index rose 0.7% for the month, above the 0.6% Dow Jones estimate, though below the 1% increase in July. On a year-over-year basis, the gauge rose 8.3%, which is the biggest annual increase since records have been… Continue Reading…
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