Featured StoryAccording to conventional wisdom, there can't be a significant rise in inflation without a corresponding, and usually preceding, jump in energy prices.
In fact, the correlation between energy prices and inflation has become almost a mantra among some market pundits.
Unfortunately, the reality is somewhat different than what's portrayed by talking heads in thirty- second sound bites.
As with most complicated problems, the answer just isn't that simple.
While the energy...
causes of inflation
Why Veteran Trader Says Inflation in 2013 Is Imminent
Is a spike in the monetary base - currency in circulation plus bank reserves at the Fed - the first sign of imminent inflation?
Art Cashin, the well-respected director of floor operations at the New York Stock Exchange for UBS, recently told King World News the increase in the monetary base may well be a sign of impending inflation.
Monetary base, sometimes called high-powered money, is the basis for the bank lending that...
Why the Spending Cuts Battle Looks Uglier Than Fiscal Cliff Fight
Washington's rushed fiscal cliff deal failed to resolve half of the issue at hand: what to do about the $1.2 trillion in automatic spending cuts.
The short-term deal struck on New Year's Day delayed the cuts for a couple months. Talks are set to resume March 1, and Republicans are ready to play a mean hand by trying to use the debt ceiling debate as its ace-in-the-hole.
Why Inflation is the Economy's "Iceberg" in 2013
Even though Ben Bernanke's Fed has kept interest rates close to zero, inflation hasn't been a big problem since the 2008 financial crisis.
Despite what many observers have expected inflation has remained quite tame.
However in 2013, that may be about to change. One factor that might cause a surge in inflation is the fiscal cliff.