Prices Rise at Fastest Pace Since 2008 – Is

2021-07-13T18:24:30+00:00

Despite the scary-looking headlines, there is much in the latest CPI report to suggest that recent price increases are only temporary. Reopening sensitive prices such as used cars, lodging, airfare, rental cars, and food away from home accounted for roughly 55% of the month-over-month increase in prices. Yields on government bonds brushed off the data, [...]

Prices Rise at Fastest Pace Since 2008 – Is2021-07-13T18:24:30+00:00

Core Consumer Prices Remain Tame

2020-11-12T18:05:30+00:00

Headline consumer prices (CPI) remained unchanged month over month in October. Core CPI, which excludes volatile food and energy costs, was also unchanged on a monthly basis. Looking at a historical chart of core CPI gives some perspective on how benign inflation is. Central banks are actively working to increase global inflation. King Harbor is [...]

Core Consumer Prices Remain Tame2020-11-12T18:05:30+00:00

GDP Growth

2020-10-30T19:59:11+00:00

Despite a stronger than expected GDP report, we are still not back to pre-covid numbers. Read Q3 GDP Article

GDP Growth2020-10-30T19:59:11+00:00

Infinite QE

2020-10-19T16:19:21+00:00

In layman's terms, the Federal Reserve will print money to allow the US government to spend as much as it wants. In the past, unconstrained government spending led to higher interest rates. This story fits nicely with Redondo Beach's King Harbor's investment view: too much debt, fiat money and long-term inflation. Read Infinte QE Story [...]

Infinite QE2020-10-19T16:19:21+00:00
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