Oct 27, 2022
Math and Reading scores are in the can. Students can't read, write or do arithmetic but boy are they one with their phone.
Oct 19, 2022
From the left to the right they all talk about the approaching recession. The reality and Economic Definition is that two quarters of GDP, which we just had, IS a RECESSION. Of course do defintions really matter any more when we can't define a woman.
Oct 13, 2022
Food inflation is the highest in 40 years. But Pepsico is riding high and Charlie Evans Chicago Fed President says "Oh well."
Oct 7, 2022
Opec+ cuts production by 2MBD. The DOE revises U.S. gasoline demand dramatically upward. Including SPR the energy reserves of this country are at the lowest since 2004. China is coming out of Covid. Biden is negotiating (begging) Venezuelan dictator Maduro to let Chevron pump more oil but refuses to open up...
Oct 3, 2022
So will it be inflation or deflation? Perhaps both.
The actions of two diverse entities give us our best clues as two what will happen on the monetary front in the months ahead. Presenting the Bank of England and Nike.