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Back in the trend channel and looking good!
PCE Measure of Shelter Slows Slightly to 5.8% YoY in March
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Here is a graph of the year-over-year change in shelter from the CPI report
and housing from the PCE report this morning, both through March 2024.
[image: ...
1 hour ago
6 comments:
At least 10 years before enough Boomers die and enough Millennials reach peak productive years to divert from the trend channel again.
The trend for me, at least so far, is immortality. Haven’t died once in the last 57 years. Of course, past performance is not necessarily indicative of future results.
My nest egg isn’t even remotely adequate for immortality and at the rate it’s being depleted lately (due to low real yields, high property taxes, and high inflation), I may need to take on riskier hobbies and start smoking! *cringe* ;)
Getting out of the mid 2000's credit bust was quite the lift. And they just kept on lifting!
Yeah, they were lifting businesses to keep the economy growing.
Lifting shops, so to speak.
Shoplifting.
Badum-ching.
Thank you. You’ve been a wonderful audience. I’ll be performing here as long as the economy is all weak. ;)
Don't you sometimes wish you could go back to 1997 and live there for the rest of your life?
I've been having that dream for more than 10 years now.
Got married in February of 1997. Was a horrible mistake. Is there any other year I could pick instead? Seriously, any other year, even the year in high school that I had appendicitis. I beg of you.
Your dream is clearly my nightmare. Ha! ;)
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