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22 Percent

If there’s one thing that’s able to doom the future of an incumbent President – even more than scandal – it is Inflation. President Joe Biden’s overall and economic approval numbers have reached the lowest levels of his presidency and fallen further than...

Rate of Inflation ZERO…

If it made up the majority of the Labor Department’s “CPI basket”, the rate of inflation would currently be…zero.  We’re talking about the ever-reliable $1.50 Costco hot dog combo, priced at $1.50 when introduced in 1985 and unchanged since then.  Before Craig Jelinek...

Rate of Inflation ZERO…

If it made up the majority of the Labor Department’s “CPI basket”, the rate of inflation would currently be…zero.  We’re talking about the ever-reliable $1.50 Costco hot dog combo, priced at $1.50 when introduced in 1985 and unchanged since then.  Before Craig Jelinek...

How unusual? Since 1788? Really?

With the worst first half for the stock market in 60 years now in the books, many want to know – just how unusual was it? In the graphic below, private bank and investment house Edmond de Rothschild showed not only equities had a difficult first half, but the...

New Vehicle Price action

MMT, Modern Monetary Theory… is just that, a “theory”… and I believe a very flawed theory. Here is but ONE example. You can’t print money with impunity… Debt doesn’t matter until it does… It’s not just housing, fuel, food, utilities—the average transaction price of...