June 30, 2016

Back From the Grave!

Mark Twain was rumored to have become gravely ill while traveling in London in 1897. The rumor spread rapidly across America and, according to legend, one […]
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 […]