Tag: cpi

Inflation and Out of Home

A November 2021 New York Times headline says it all: The Bond Market Says Inflation Will Last.  You Should Be Listening.  The article appeared shortly after the bond market’s 5 year inflation expectation rose to 3%. The consumer price index (“CPI”) rose to a 30 year high in October 2021.  […]

Inflation Is Up!

This chart says it all.  Inflation (e.g. the 12 month change in the CPI) has increased from an annual rate of 1-2% up to 5-6%. Too early to tell whether this is a short term post covid supply shortage phenomenon or long term inflation induced by an increase in the […]