Tag Archives: Joe Manchin

  • News

    More Inflation Signals, Plus Democracy 2.0.

    Weekly Market Commentary 15 January 2022
    by davefairtex

    Saturday, January 15, 2022, 4:48 PM

    46

    Economic numbers this week: First, consumer sentiment (UMCSENT).  It looks pretty awful – lowest sentiment levels since 2012. Moves like this don’t happen very often, and they precede market “corrections.” Unlike retail sales, consumer sentiment has not recovered back to pre-pandemic levels. Second, retail sales (RSXFS); in December, it fell -2.03% m/m, which is a…

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  • News

    PPI at 21%, and The Year Ahead

    Weekly Market Commentary 9 January 2022
    by davefairtex

    Sunday, January 9, 2022, 5:16 PM

    17

    First – a look at 2021:   Here’s the PPIACO – this is the raw index, which dates back to 1913. And as far as I know, it is unchanged – unlike the CPI, which has been…adjusted, in order to remove “inflation” from the inflation index.   Right, so since the recovery from the ’08…

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