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.
Schedule for Week of May 5, 2024
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This will be a very light week for economic data.
*----- Monday, May 6th -----*
2:00 PM: *Senior Loan Officer Opinion Survey on Bank Lending Practices* for...
2 hours ago
2 comments:
Prices are now cleared for departure.
CNBC: Fed's Daly: Do not want to tip economy into downturn
Has a ring of truth to it.
Samara Morgan - But I do, and I'm sorry. It won't stop (The Ring 2002)
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