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Archives for June, 2021

  1. June 17, 2021

    Everyone is talking about inflation these days and the debate is consuming the minds of both the pundit and investor classes. Transitory or structural inflation is at the core of the debate. Headline CPI was reported last week at a whopping 5% on a year-over-year basis.… More >>

  2. June 14, 2021

    Everyone is talking about inflation these days and the debate is consuming the minds of the pundit and investor classes. Transitory or structural inflation is at the core of the debate. Headline CPI was reported last week at a whopping 5% on a year-over-year basis. [i]… More >>

  3. June 7, 2021

    As I write this post, I am having breakfast at a hotel in California. I ordered eggs and was told they have no eggs and that it is very spotty when they come in. Are chickens not laying eggs due to COVID? I don’t think so. [i] Egg pickers, truck drivers, packaging plant… More >>

  4. June 1, 2021

    Last week it was reported that U.S. GDP grew by 6.4% in Q1, primarily attributable to the boost delivered by new stimulus injections during the quarter. [i] [ii] The predominant driver was consumer spending which grew 11.3% and contributed 7.4 percentage points to GDP,… More >>