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CPI vs. Core CPI (core inflation little changed since 2021) – headline and core inverted in March 2023 and is still not resolved

CPI: Consumer Purchasing Power (what inflation accomplishes) – observe how the slope has steepened

Recessions have arrived just as everyone gave up on it:

"JPMorgan Chase economists scrapped their call for a #recession in the US, joining a growing number of forecasters who now expect the economy to avert the downturn..." (Bloomberg)

Same thing happened in 2008. pic.twitter.com/YumgOabFFl

— Inkling (@inside_finance) August 4, 2023

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Featured Posts

  • Shared Credit for Hard Work Posted on: Jul 17th, 2014 By inkling

    The way to get things done, is not to mind who gets the credit for doing them – Benjamin Jowett Credit for hard work is not something we should…

  • Competitive Positioning Posted on: Sep 3rd, 2012 By inkling

    Brian Leavy suggests two overarching models to “explain how sustainable competitive advantage can be created and maintained…these two contrasting…

  • The Boundaryless Organization – Fact or Fiction? Posted on: Oct 15th, 2012 By inkling

    Way back in the early 1990s during my undergraduate business studies, we began learning about various predicted changes that were going to occur in…

Most Recent Posts

  • WSJ: U.S. auto sales worst annual results in over a decade January 4, 2023
  • Fed minutes: absolute clarity of direction and help is not likely in 2023 January 4, 2023
  • Thanksgiving: William Bradford’s first-hand account of the Mayflower voyage and the settling of Plymouth November 24, 2022
  • CPI – reduction in the rate of increase is not a decrease but still lit the fuse of a tape bomb November 11, 2022
  • Former Secretary of the Treasury Summers: “we can’t stop at curbing inflation” November 1, 2022
  • FOMC notes and updated indicators (2022 09 21) September 23, 2022
  • Consumer credit and spending momentum September 9, 2022
  • The bottom or is this time it’s different? August 12, 2022
  • July CPI – hot, cold, or goldilocks for the Fed? August 9, 2022
  • Employment Cost Index (ECI) from the BLS for JUNE 2022 – wages continue to inch higher July 29, 2022

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