Technimentals inflation model has been shifting higher for 2 years, mostly on the heels of escalating energy prices. Most of its commodity components have risen, while retail sales have gone stagnant, as the consumer appears weakened.

Inflation Predictor Model
click for larger chart
Inflation_prediction_1
Source: Technimentals

Average Hourly Earnings, which have increased on a Year-over-year basis, still lags behind “normal” wage growth at this stage of a recovery.

Random Items:
Not your typical recovery
Beaten-down brokerages
Dow Transports waiting for the Industrials
The Myth of Negative Sentiment
Eleven Rules for Better Understanding the Media
Cold Fusion: Cheap Nuclear Weapons?

Quote of the Day:
“All the features and achievements of modern civilization are, directly or indirectly, the products of the capitalist process.”
-Joseph A. Schumpeter (1883-1950)

Category: Finance

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

Comments are closed.