1. Falling US inflation and rising US fed rates have yet to intersect. They will in 1H'23.
ECONOMICS:USIRYY
FRED:FEDFUNDS
2. US M2 tightening has reached 3%, but alllowing for some growth, it needs to go (linearly) another 6%-9% for a total of 9%-12% down from its previous all-time-high.
ECONOMICS:USM2
3. IXIC is down 35% from its previous all-time...
This week the UK economy posted its highest inflation reading in 41 years rising 11.1% year on year (yoy) in October. The recent jump is largely the result of the uprating of the household energy price cap in October. Core inflation moved sideways at 6.5% yoy. We expect this to represent the peak for UK inflation. As the base effects of high energy prices begin to...
This is a 5-year "inflation" & "deflation" chart compared to BTC & Gold prices. Often when "deflation" is present, there will be a decline in (not always) stocks and gold . Since BTC is a rare (limited supply) asset class, it seems to also (not always) decrease when "deflation" is present. However, during "inflation" phases, Gold and BTC (not always) may increase.
The Iinfrastructure deal is hitting the markets. Inflation expectations over the horizon of 5 years with new record high. Wait for "Build Back Better", but don't forget: "its transitory" :).
