Oh, and by the way, always giving glory to our Lord, Jesus Christ! He comes first. Always.
“The Cleveland Fed suggested that the Fed’s entire inflation view is wrong, relying on core CPI (and PCE) data that is woefully, even dangerously, delayed – in some cases lagging market data by up to 12 months, and suggesting that rent inflation – a core component of shelter and OER inflation which is arguably the most important component of “sticky” US service inflation – is actually far lower if measured correctly
.https://www.zerohedge.com/markets/st-louis-fed-quietly-finds-us-now-recession
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
We're taking my son to his Introduction to Auburn event at Auburn University.
we'll see you next week though!
In the meantime, a white paper I'm reading.
"This study validates...that the implementation of (China's) Five Year Plan was followed by a significant production expansion in the encouraged sectors of China. This expansion crowds out production in the same sectors in the US, leading to significant drops in both employment and investments and a notable increase in plant closures."
But it's TRUMP that started the trade war, eh?
sorry folks gotta move all this mulch by this weekend.
WE're preparing for my son Cavan's high school graduation party. So, it's a BIT hectic here to make sure everything is in place...
If it was me, I'd grill burgers and sit on coolers full of water. But apparently I'm not in charge. Who knew?
