…truth is, because of the involvement of both market and geopolitical players, nobody really knows. Remember that Russia’s invasion of Ukraine in February last year caused gas prices to rise…

…and prices are down -5.5% YoY. Once we look at the combined data, it is easy to see that even in this severely bifurcated market, sales have led prices. Finally,…

…an item. So here are oil prices (blue, right scale) and gas prices (red, left scale) divided by average hourly wages for nonsupervisory workers since 1998. I start here because…

…the grocery store is a pain in the pocketbook. Supermarket prices have shot up at the fastest rate in decades, putting staples like eggs and bread out of reach for…

…in reaction to the LTCM crisis). Between January 2002 and June 2004 house prices increased 27.9% before the Fed reacted. And between July 2020 and February 2022 house prices increased…

…down -0.9% and used vehicle prices are down -9.5%: Since just before the pandemic, new vehicle prices are up 20.4% and used vehicle prices are up 27.2%. Meanwhile average hourly…

…what gas prices are, bread prices, egg prices, right now as opposed to four years ago, eight years ago,” Sweet said.  “The American consumer generally has a short memory, except…

…doing with pricing. Not so much because things cost more. They are taking advantage of a situation where they can increase prices or reduce package sizing and just blame economic…

…as leading inventory: Here is the YoY% change post-pandemic of all three: As per history, sales rose first, followed by prices and inventory. Sales then abated, and median prices have…

…from October 21, 2025. “Trump Tariffs Raising Prices for Consumers, New Evidence Shows.” As you can see. prices did increase for domestic product just as soon as the tariffs went…