Consumer Price Index – October 2024
Consumer Price Index as taken from the Bureau of Labor Statistics. I have done “nothing” to alter this report. This was not a bad report. People are reacting to past…
Consumer Price Index as taken from the Bureau of Labor Statistics. I have done “nothing” to alter this report. This was not a bad report. People are reacting to past…
…the total consumption basket, and the aggregate effect on the overall Consumer Price Index (CPI) further hinges on the price sensitivity of the excluded consumption categories, particularly transportation, services, energy,…
…there are anecdotal reports of price cuts, particularly for staple food items. In my own neck of the woods, I have seen the price of store brand sodas, which doubled from…
…prices also probably peaked. Summarizing the four measures of house prices, median prices of both new and existing homes appear to have peaked this summer. The FHFA Index suggests a…
“A global house-price slump is coming,” The Economist, edited. I find this article to be interesting although I do not agree with much of it. Prices are an issue; but…
…price of an existing home remained higher by 5.7% – very much *unlike* new homes, where sales have firmed, but price remain almost 20% down from their peak. This morning…
…was only because of price declines for staples like groceries and gasoline. The declines helped to offset price increases for consumers. There are signs under the surface, including evidence the…
…will take on higher deductibles the same as they did early on with the ACA. Consumer Price Index – January 2026 Consumer Price Index for All Urban Consumers (CPI-U) increased…
…or so, before the price of oil dropped, there was a bit of interest in finding ways to reduce our dependence on oil, and on “alternative fuels” and sources of…
…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label…