Inflation peaked in June 2022. The one-month increase was 1.2 percent and that followed a 0.9 percent rise in May. Those numbers will roll out of the annual calculation with the June and July number.
The Inflation Perspective (by LZ)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Nowhere Even Close to 2%
Inflation Bugs Puking
The April PPI report continues the disinflationary theme
The April PPI report came in to the disinflationary side, and as a side note unemployment claims jumped to the highest level since 2021. And inflation-centric goldbugs are scattering out of the inflation stuff, a label the majority of them wrongly assign to gold and worse, gold stocks. I just wish I could set my watch by these herds because then I’d sell everything and await the inevitable opportunity they produce.
However, on this cycle I have been much lighter on gold stocks than I will be when the next buying opportunity comes as the inflation bugs scatter amid accelerating real fundamentals *, probably amid a deflation scare if NFTRH’s existing theme, to which I strongly considered an alternative last weekend, manifests. But as yet, no Dedollarisation as USD holds support after the weak inflation data this week.
(more…)Rubber Balls & Liquor
Battle of the Bulge
Well, the CPI numbers finally came out, and it’s just what the bulls ordered: nice and chilly:
