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June 29, 2016

Steak House Index UPDATE 6/29/16

At long last, here we go!   Today we have both the SHI update and the debut of the SHCI! And, as always, if you need a […]
June 28, 2016

The Labor Market Conditions Index

When formulating monetary policy, the “data dependent” FED needs good data. The “Labor Market Conditions Index” fits the bill.   The LMCI is a type of […]
June 27, 2016

The New PCE

The FED constantly talks about the PCE, or “personal consumption expenditures,” when discussing inflation.  What – exactly – is it?   Why is it so important?  And […]
June 24, 2016

The “Big Game” is Over. Who Won?

That’s a tough one.  Hard to say, really.   On one hand, clearly, the BRexitians won the day.   The UK is now likely to leave the […]