by Tyler Durden | Apr 15, 2016 | Financial-Blogs
There has been some muted cheering at the Fed (and the Obama administration) when as a result of numerous statewide minimum wage hikes, average hourly earnings finally started to rise in early 2016, recently hitting a 2% annual increase, even if on a w…
by Tyler Durden | Apr 14, 2016 | Financial-Blogs
First the AtlantaFed (with occasional shoulder-tapping exceptions) created a mini revolt in the way GDP was tracked on a day to day basis with its GDP Nowcast, one which pressured the NY Fed to create its own version (influenced by Goldman’s own econom…
by Tyler Durden | Apr 14, 2016 | Financial-Blogs
Having surged to its highest since 2008 in February, Core CPI’s YoY gain inched back from 2.3% to 2.2% YoY in March hovering at post-crisis highs. The food index declined in March, as did the cost of ‘shelter’ and medical care but used cars and truck p…
by Tyler Durden | Apr 14, 2016 | Financial-Blogs
In another quiet overnight session, the biggest – and unexpected – macro news was the surprise monetary easing by Singapore which as previously reported moved to a 2008 crisis policy response when it adopted a “zero currency appreciation” stance as a r…
by Tyler Durden | Apr 13, 2016 | Financial-Blogs
Submitted by John Rubino via DollarCollapse.com,
After three decades of epic deficit spending and three years of extraordinary money creation, Japan’s economy is enjoying a rollicking inflationary boom. Just kidding. Exactly the opposite is …