The current spurt of inflation is very similar to the post WW II inflation episode according to the Council of Economic Advisors blog Historical Parallels to Today’s Inflationary Episode _ The White House. This may be a movie we have seen … Continue reading
Mullaney Keating & Wright
Independent Investment Professionals
Category Archives: Inflation
INFLATION
Andrew Karolyi of the Cornell Business School and a consultant to Avantis Investors has published an interesting review of inflation history and the measurement of inflation expectations in Managing (Great) Inflationary Expectations. TFM
STATE OF THE ECONOMY
The latest Federal Reserve Bank of San Francisco brief analysis of the economy is in Economic Outlook-FRBSF. The New York Fed has a much longer version if you are in an econonerd mood, just email or call me. TFM
FED WATCHING
Reading the entrails of the often Delphic pronouncements of Federal Reserve chairmen is an high art. Tim Duy is the current master Fed watcher and in his Thoughts on Yellen’s Speech – Tim Duy’s Fed Watch he observes that the … Continue reading
HALL OF MIRRORS
The full title of Barry Eichengreen’s magisterial (overused but valid here) comparative history of The Great Depression and the recent Great Recession is HALL of MIRRORS The Great Depression, The Great Recession, and the uses — and misuses — of … Continue reading
AN ECONOMIC NELLIE FORBUSH
Tim Duy is the pre-eminent “Fed Watcher” and his Fed Watch is normally about the entrails of Federal Reserve Open Market Committee meetings — interesting but very much “inside baseball”. His most recent post Yes, I am Optimistic – Tim … Continue reading
WHERE IS THE INFLATION
Despite the worries of the inflation hawks we have had very little inflation since the Great Recession. For those of us that think that active markets are good predictors of the future, a way to see what the smart money … Continue reading
GREAT MODERATION REDUX ?
Gavyn Davies has called attention to the belief of some analysts that we may be entering another period of less than historical fluctuations in GDP growth and less than average inflation in his blog Great Moderation 2.0-Davies. Although not necessarily great news … Continue reading
DEFLATION
When the conservative economist John Makin of the even more conservative American Enterprise Institute warns of the dangers of deflation, it is time to pay attention. Read his analysis in Preempt Deflation Now – Makin AEI. TFM
BUDGET and ECONOMIC OUTLOOK
The Congrssional Budget Office (CBO) has just released its biannual budget and economic forecast. The full report, including the controversial and much misunderstood appendix Labor Market Effects of the Affordable Care Act, runs 182 pages. Mercifully, the CBO provides a … Continue reading