inflation

By Peter Boockvar - May 27th, 2009, 10:29AM

Coincident with the CRB index at its highest level since late Nov, the
Baltic Dry Index rising for an 18th straight day to the highest level
since early Oct and all in the context of the Fed’s policy of
quantitative easing, the implied inflation rate in the 10 yr TIPS this
morning is up for a 9th straight day at 1.86% and up by almost 40 bps
during this stretch. It’s at the highest level since Sept 22nd ’08.

PERMALINK
Category: MacroNotes.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “inflation”

drollere Says:
May 27th, 2009 at 11:56 am
i’m lost here. we’re using the tips spread to gauge inflation, and worry about shipping going up in the summertime? and taking note that the metrics are back where they were when the market was in its final collapse?

somehow i’m not worried that i’ll need a wheelbarrow to buy bread.
DL Says:
May 27th, 2009 at 12:00 pm
CPI is one thing; the CRB index is another. From the consumer standpoint, food and energy prices are likely headed higher over the next 12 months.