…how long will oil prices stay so high? Unfortunately, I’ve seen no evidence (or even compelling argumentation) that suggests that oil prices are going to fall any time soon. Kash…

…herd which is large enough to affect prices but isn’t so huge that investors who are not part of the group can’t move the market in ways which surprise them….

…in concentrated markets. – “Berkeley health care economist James C. Robinson studied the prices hospitals charge insurance companies (and, by extension, insured patients) for different procedures. In concentrated markets, the…

…at high rates and then start raising prices. Labor bargains for more wages. Firms continue to raise prices. Labor continues to bargain for more wages. Eventually the funding cost to…

– by New Deal democrat (from Bonddad blog) Failure to deflate: flat consumer prices only slightly help real wages, sales Usually changes in the inflation rate are all about the…

…anomaly. High house prices imply both wealth and a high cost of housing services. The effects should roughly cancel. High house prices should cause high measured consumption (measured because not…

…the markets nervous, and indeed stock markets were down today also. So, while “Black Friday” in the US means businesses supposedly coming out of negative red territory on their profit…

As reported by Market Watch and Axios, drug prices are on the rise the beginning of 2020. The increases exceed the 2% inflation the nation has been incurring and the…

…to the price level. The regional dispersion in the movement in real estate prices more or less paralleled the changes in personal income. Real estate prices dipped in the oil…

Consumer prices rise a “normal” 0.2% in September In September Consumer prices rose a “normal” 0.2%, the first such typical increase since the pandemic began (blue in the graph below):…