Food Prices Rise Again, a Bit Slower, What’s in Your Basket? – Mish Talk
CPI food items from BLS, chart by Mish The Consumer Price Index for All Urban Consumers (CPI-U) fell 0.1 percent in December on a seasonally...
A Big Green Mess in Germany With Coal a Stunning 31 Percent of Electricity – Mish Talk
Hoot of the Day The Greens forced a shutdown of nuclear power under Angela Merkel. Now they are both for and against coal, the dirtiest...
How Long Will High Inflation Persist? What Happened to the Great Moderation? – Mish Talk
CPI and PCE inflation data from the BLS, chart by Mish. Chart Notes The CPI is a measure of prices directly paid by consumers. The...
CPI Declines Due to Gasoline But Food and Shelter Costs Jump Again – Mish Talk
CPI Data from BLS, chart by Mish Please consider the BLS Consumer Price Index report for December. Key Details Month-Over-Month The Consumer Price Index for...
Fed Chair Warns President Biden “We will not be a climate policymaker” – Mish Talk
Please consider Jerome Powell’s speech on “Central Bank Independence and the Mandate—Evolving Views”. Key Quotes (Emphasis Mine) Central Bank Independence: “Price stability is the bedrock...
Hello Curve Watchers, the Yield Curve is Steepening, Just Not in the Normal Sense – Mish Talk
Treasury yields from the New York Fed, chart by Mish Anticipating where the 3-month yield will be in May is much easier than figuring out...
December Jobs: Employment Rises by 717,000 All of Them Part Time – Mish Talk
Payroll and employment data from the BLS, chart by Mish Today, the Bureau of Labor Statistics released its Monthly Payroll Report. Initial Thoughts The divergence...
Act Your Wage is the New Meme as Career Ambitions Plunge – Mish Talk
Less Ambitious Workers and the New Work Order For many workers the days of unpaid overtime and weekend work is gone. Work your wage has replaced...
There’s a Huge Temporary Growth in Gig Work to Make Ends Meet – Mish Talk
Nearly half of millennials agree or somewhat agree with the statement “I regularly run out of money and have to rely on credit cards or...
Age 16+ There are 158 Million People Working, 106 Million Not Working – Mish Talk
Employment and Labor Force data from BLS, chart by Mish Chart Notes Numbers are for those in the the Civilian Noninstitutional Population, defined as age...