Good Job, Fed! Real Stock Prices Up 37X More Than Real Wages

Ooops! The Wall Street gamblers, who have been aggressively front-running the Fed’s imminent capitulation to their huffy demands for a new round of money-printing, got slapped with a splash of hotter-than-expected inflation this AM. In particular, Powell’s latest inflation-tracking gimmick—the so-called SuperCore CPI— came in at a red-hot 8.4% annualized rate for January. Of course, […]
You must be a Stockman's Corner member in order to view this post, subscribe to Monthly Subscription, Quarterly Subscription or Annual Subscription.