The Egocentricity of the Present Part 4 of 22
We must not forget that Short Swing Trading prudent risk taking is the lifeblood of capitalism, especially in the American form of capitalism where we are constantly replacing the old with the new, and the familiar with the new and the innovative. If we [...]
US Economy and Globalization Part 13 of 17
If we are guided by core inflation, we run certain risks. Core inflation refers to prices measured through statistical procedures that systematically strip out certain items from the basket of consumer pricesin the U.S., usually food and energy. By ignoring items whose price movements display [...]
Balancing Inflation and Growth Part 9 of 13
Recent readings on inflation have not been encouraging. The rate of increase in the core personal consumption expenditures price index, or core PCEthat is, what people buy, except food and energywas 2.2 percent over the 12 months ending in January. Yet, its headline counterpart commodity [...]
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