llterry5

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 […]
June 22, 2016

SHI Update – June 22, 2016

I can think of nothing better than eating a thick, juicy porterhouse while watching the big game. Which game you ask?  Oh … the one in […]