Mission Creep

No, it wasn’t a transitory “base effect.” Even the Federal Reserve’s very most favorite sawed-off inflation measuring stick, the personal consumption expenditure (PCE) deflator less food and energy, was up by 1.99% per annum in April based on the two-year stack from April 2019. And, if that’s not close enough for government work, then there’s the full […]

You need to login to view this content. David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself. David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly. This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life. SUBSRIBE NOW | SUBSCRIBE NOW