
The most recent consumer price inflation (or CPI) hit the headlines earlier this week, which wasn't great.The CPI, which tracks the costs of goods and services, jumped 8.5% from a year ago, just above the already Dow Jones estimate of 8.4%.
By Money Morning Staff Reports, Money Morning -
The most recent consumer price inflation (or CPI) hit the headlines earlier this week, which wasn't great.The CPI, which tracks the costs of goods and services, jumped 8.5% from a year ago, just above the already Dow Jones estimate of 8.4%.
By Money Morning Staff Reports, Money Morning -
The most recent consumer price inflation (or CPI) hit the headlines earlier this week, which wasn't great.The CPI, which tracks the costs of goods and services, jumped 8.5% from a year ago, just above the already Dow Jones estimate of 8.4%.
By Money Morning Staff Reports, Money Morning -
Today, a dollar doesn’t pack the same value it did ten years ago.That’s because of inflation.And as you might have noticed, nowadays it's getting out of hand.The Labor Department's latest numbers show the consumer price index rising 7.5% in January, the highest reading in 40 years.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
The left wing of the Democratic Party has a lot of ambitious proposals on the table in the form of the Green New Deal, and they've come up with an imaginative way to pay for it: Modern Monetary Theory, or MMT for short. This is essentially the idea that there's nothing to prevent a sovereign government like the United States from printing as much money as it needs to pay for whatever it wants.
But here's why MMT would end in disaster...
By Alexander Bird, Associate Editor, Money Morning -
The news has been rife with rumors of rising inflation in recent weeks, leaving many investors wondering how to navigate the market.
One option is to panic - that's what Wall Street is doing.
However, Money Morning Capital Wave Strategist Shah Gilani knows we shouldn't be panicking.
We should be planning our first profit play...
By Cooper Creagan, Associate Editor, Money Morning -
The very goods that have kept inflation low since the late 90s are about to become a whole lot more expensive.
Here's why inflation is here to stay...
...and how you could play it to double your money by June...
By Cooper Creagan, Associate Editor, Money Morning -
Inflation in January nearly doubled analyst expectations.
Wall Street may be panicking, but we're not.
Here's what really matters in the markets right now, and what you should do...
By Peter Krauth, Resource Specialist, Money Morning -
The Fed has kept interest rates stuck near zero for the last seven years, so there's little wonder investors and savers feel like "perma-zero" is the new paradigm.
Despair and ennui have settled in. According to the Fed, some 31% of non-retired Americans have no savings or pension whatsoever.
Some have been frozen out, unable to save thanks to stagnating incomes and dismal job prospects. Others who might otherwise be able to save just don't see the point when they're not making any interest to speak of.
That negative outlook is understandable, given today's economic realities. But it doesn't have to be that way.
Not when a small investment in one easy-to-buy asset can make so much difference...
By Peter Krauth, Resource Specialist, Money Morning -
If Mark Twain were alive today, he'd probably say that there are "lies, damned lies, and inflation statistics."
There just aren't many more important numbers that so many depend on and that are so regularly and maliciously manipulated.
You see, wages, pensions, and Social Security are all dependent in some measure on the Consumer Price Index. It affects the income of some 80 million Americans through contracts or indexation.
Unless you have this investment on your side...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Policymakers need to start being more honest about how the U.S. debt works.
It's an age-old debate among the members of Congress. How do we cut the budget? How do we reduce the debt?
But that debate is being framed in the wrong way.
Here's what no one in Congress is telling you about how the U.S. debt works...
By Peter Krauth, Resource Specialist, Money Morning -
While the investing world is focused on Greece, events unfolding right now in Africa offer another important cautionary tale.
Thanks to reckless political and economic mismanagement, Zimbabwe holds clues to the future of other nations - like ours.
Granted, this failed state's policies have been more egregious than those perpetrated by the U.S. government against its people. Nonetheless, some of the outcomes could be similar. And I'm going to tell you one way to protect yourself.
But preparing for it is easier than you'd think...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Deflation in 2015 seems to be upon us. And while falling prices might seem like a good thing, deflation can wreak havoc on the economy.
In a deflationary period, prices will drop, corporate profits will dry up, wages will shrink, and all of this will reinforce the conditions of recessions.
These four charts show that the U.S. has a real deflation problem now...
By Money Morning Staff Reports, Money Morning -
Gold stocks are poised for an upswing.
Just recently, the European Central Bank (ECB) announced a new policy to promote lending and, ultimately, inflation in the Eurozone. The move sent investors flocking to precious metals like gold and silver. And a recent election in April saw the seating of a new government in India. On account of the platforms of these new leaders, the Indian press has indicated to expect a considerable decrease in import duties.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Silver prices have been sideways this week, cooling off from a mid-June rally sparked by inflation-minded investors wary of the U.S. Federal Reserve's dovish talk.
But the second half of the year looks good - here's why ...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
The two-day Federal Open Market Committee meeting wrapped up today (Wednesday) with the U.S. Federal Reserve revising down its previously more optimistic economic growth forecasts, and reinforcing expectations that interest rates will climb faster than what was previously anticipated.
By Diane Alter, Contributing Writer, Money Morning -
Gold, silver, and the FOMC meeting today: Precious metal prices were fairly steady Wednesday morning awaiting the typically market-moving statement from the Federal Open Market Committee (FOMC) meeting today. The spot gold price was last trading down $0.90 at $1,271.50. July silver prices were last quoted up $0.003 at $19.735 an ounce.
Over the last several years, investors have shown a keen interest in shiny assets as the U.S. Federal Reserve liberally printed money and distrust in dollars grew. But that interest has waned as the Fed slows its bond buying.
Now an FOMC meeting can be a strong headwind for gold and silver...