Calafia Beach Pundit
Wednesday, August 30, 2023

2% growth and 2% inflation: the Fed's done

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This brief post highlights some under-appreciated news contained in today's revised estimate of Q2/23 GDP. Real growth in the quarter (a...
9 comments:
Wednesday, August 23, 2023

The most important variable that won't be discussed at Jackson Hole

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Today's Bloomberg headline: "Powell to map final steps in inflation fight at Jackson Hole." Memo to Fed: the fight is over. Yo...
34 comments:
Friday, August 18, 2023

TIPS vs Gold: which is the better inflation hedge?

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TIPS and gold are widely considered to be classic inflation hedges, but they couldn't be more different. TIPS (Treasury Inflation Protec...
12 comments:
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