tag:blogger.com,1999:blog-6616959642391988608.post5520586347574255526..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Inflation expectations -- another V-signScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6616959642391988608.post-63362639345272052062009-12-16T06:52:49.246-08:002009-12-16T06:52:49.246-08:00Inflation is at 4% over the last 6 months per the ...Inflation is at 4% over the last 6 months per the new CPI info. This is an extraordinarily high rate of inflation given the depth of the recession.<br /><br />My friends tell me that manufacturing inventories are non-existent and staffing levels are at bare bones minimum levels. They expect bottlenecks to emerge very rapidly as demand picks up.Charleshttps://www.blogger.com/profile/00607057013050715435noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-92065911676976601872009-12-15T19:18:57.217-08:002009-12-15T19:18:57.217-08:00Note my recent post which address Bill's quest...Note my recent post which address Bill's question.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-38489962540197853202009-12-15T16:20:45.120-08:002009-12-15T16:20:45.120-08:00Bill, Currently M2 is more a money demand metric. ...Bill, Currently M2 is more a money demand metric. USTs owned by the public through money market accounts counts as money. When owned by banks, it doesn't count. The excessive money demand of late 2008 has been slackening off as evidenced by the price action of riskier assets.Fullcarryhttps://www.blogger.com/profile/01654174575386120137noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-14347291312191722492009-12-15T14:37:18.589-08:002009-12-15T14:37:18.589-08:00Scott,
Mark Perry asks why the fuss over inflatio...Scott,<br /><br />Mark Perry asks why the fuss over inflation expectations with M2 shrinking. Thoughts?Billhttps://www.blogger.com/profile/06910619601367464068noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-26048000425178114172009-12-15T11:51:18.577-08:002009-12-15T11:51:18.577-08:00Your calls this past year on Tips, junk bonds, and...Your calls this past year on Tips, junk bonds, and emerging markets have all been spot on, as they say in the Navy, "Well done."jjhttps://www.blogger.com/profile/00382970468577051096noreply@blogger.com