For USA (dollar-priced assets):
CPI ticker: FRED:CPIAUCSL
Calculate ratio R:
R = ( y / FRED:CPIAUCSL) where y is the current value
Calculate real price:
Asset symbol * R
Example: calculate real price of Comex gold futures (COMEX:GC1!)
'COMEX:GC1!' * (256.16 / 'FRED:CPIAUCSL')
Note
1) Sometimes it is necessary to put symbol names in 'quotation marks' when...
I posted this pattern originally back in 2019 which showed the relationship between sharp drops in crude oil prices and the resulting support levels created in the stock market, as measured by the $SPX500 S&P500 Index.
Crude oil has basically gone sideways over the last 40 years when adjusted for inflation and when you factor in efficiency in that we get 22 mpg...
Using a pretty simple formula involving CPI , we can adjust the stock chart to show real returns instead of nominal returns. Real returns represent a more accurate picture of the return of the stock over time. In addition, we can easily adjust returns for dividends and estimated taxes.
What I would like to reveal with these two charts, the Crude Oil market ($USDWTI) and the US Stock Market ($SPX500) using a 22-day chart (monthly) is the link between them and how we can utilize large drops in Crude Oil to help us to find support levels in the S&P500 Index. In order to help us see crude oil inflation adjusted, I divided Crude by the CPI Index. You...
Where PPI peaked in the past, was where 2000 and 2008 crashes started capitulating. I'll be keeping an eye on this, if it goes too much deeper it should confirm. It indicates recession in industry.
Top chart is gold price corrected for inflation with base month being the current June 2022. This means that it is only valid for June 2022.
We see that gold hit the same inflationary ceiling as 1980 and 2010. Even though the nominal price has risen, making new highs, the real value of gold against the dollar remains below technical resistance and is now...
This chart is adjusted for inflation. That means it is only valid for the current value of US consumer CPI, in other words just this month. Next month it will probably have to be re-calculated.
It shows that the demand of the current fuel crisis pales in comparison to demand in the wake of the 2007 financial crisis. What if we are still at the early stages in...
I mean COME ON, what was it all for. We've printed how much money to save a market versus the public and now we've basically dropped below the highs prior to CORONACRASH.
I remember last month's forecasts of Goldman Sacks for a lower expectations Inflation rate, but the actual number was hotter than expected and also 1.5x of the average of the past 24 months..!
In 2 days, CPI data will be out (August 10), and with the current momentum, we should not expect a much lower number for July.
The consensus for the July Inflation rate is...
I miss the days when presidents would visit an aircraft carrier and declare their mission has been accomplished.
I guess you can say Jerome Powell has accomplished his mission by returning the S&P to its 10 year trend channel when he turned hawkish back in January.
See my Bear Case for January Analysis I posted below.
This chart is an update for one of my...
Stagflation, or recession-inflation, is an economic phenomenon marked by persistent high inflation, high unemployment, and stagnant demand in a country's economy. During a particularly severe period of economic conditions in the 1970s, rising inflation and slumping employment put a damper on economic growth in the United Kingdom and seven other major market...
Bureau of Labour Statistics 
