The following chart shows the natural log of the median consumer price index. I have added a long-term trend channel in green and a short-term trend line in red.
If the green channel represents the runway and the red line represents our current flight path, then we'll be very lucky not to careen off into the wastelands.
Prices are now cleared for departure.
ReplyDeleteCNBC: Fed's Daly: Do not want to tip economy into downturn
ReplyDeleteHas a ring of truth to it.
Samara Morgan - But I do, and I'm sorry. It won't stop (The Ring 2002)