Posts Tagged ‘CPI’
The Death of 60/40: Where are we now?
At the beginning of 2022, I wrote a series, “The Death of 60/40.” The thesis was pretty simple. Real yields on bonds were negative, stocks were richly valued by historical measure, and the Fed had unleashed a monetary storm resulting in rising inflation. My conclusion that traditional stock and bond portfolios, especially passive index portfolios,…
Read MoreThe July 2023 Scorecard
Across the market, stock averages were up for the month. The big winner for July though was not stocks, but commodities.
Read MorePutting Together the Pieces of the Global Economic Puzzle
Assembling economic puzzle pieces is like the number puzzle Suduko – and like a puzzle, figuring it out is more challenging than it looks.
Read MoreInflation Has Not Peaked Yet
Consumer Price Index (CPI) data was released yesterday and it’s a doozy. In case you missed it… the CPI climbed to 9.1%. That’s a 41-year high. Not only is inflation at a four-decade high, but the momentum with which it has happened has the Fed scrambling for answers. The increase in consumer prices in June…
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