Running hot.
Running hot.
Running hot.
Running hot.
Running hot.
Thank goodness I don't invest based on my short-term mood (as seen in the upper left hand corner of my blog). However, the long-term's looking pretty good (if by good you mean you actually enjoy inflation, which I do not).
Yet another day passes and I continue to be comfortable with the stagflationary view of things.
See Also:
Trend Line Disclaimer
Source Data:
BLS: Consumer Price Indexes (CPI)
Stag,
ReplyDeleteIs it possible to present this chart over a much longer time period. Would like to stand back and look at the five year trends over many decades including the 1960's &1970's.
Has this type of upward trend ever been reversed quickly and painlessly? Trends are hard to stop sometimes. A body in motion so to speak.
By the way, Newton put England on a true gold reserve standard in lieu of a paper receipt standard.
MAB,
ReplyDeleteHas this type of upward trend ever been reversed quickly and painlessly? Trends are hard to stop sometimes. A body in motion so to speak.
That's certainly my thinking when presenting the five year chart. I'll put up a longer term one.