Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

GoldSeek Radio: Peter Grandich and Arch Crawford, and Chris Waltzek
By: radio.GoldSeek.com

How Inflation Reduces The Real Value Of Social Security Net Of Medicare Premiums (Part 6)
By: Daniel R. Amerman, CFA

GLD May Not Yet Be Ready To Break Out
By: Avi Gilburt

US-China Trade War Escalates As Further Measures Are Taken
By: GoldCore

Irredeemable Currency De-tooths Savers
By: Keith Weiner

Open the pod door HAL
By: Larry LaBorde

Gold Market Update
By: Clive Maund

Data-Dependent ... on Imaginary Data
By: John Mauldin

What the Markets Have in Common with the Film 'Casablanca'
By: Michael Ballanger

Gold: Another Month, Another Test Of Key Resistance – But This Time With A Difference
By: John Rubino

 
Search

GoldSeek Web

 
Tame Inflation Report Could Complicate Fed's PR Game

By: Rick Ackerman, Rick's Picks

 -- Published: Monday, 13 November 2017 | Print  | Disqus 

Bloomberg News has been drum-rolling Wednesday’ scheduled release of CPI data, since a report suggesting inflation has remained subdued will complicate the Fed’s task of convincing the world more tightening is urgently needed.  Yellen & Co. gave up pretending inflation was a big problem a few months ago, ostensibly because the only place this has seemed to be true — to an appalling degree — is in the real estate and stock markets.  More recently, even with the Fed’s benighted lackeys in the news media blaring increasingly shrill warnings that inflation is about to return with a vengeance, no one seems panicked. Maybe it’s because American workers haven’t gotten a real pay raise in forty years.  You can bet they’re not cheering for more tightening.  Meanwhile, bond markets have been acting as though higher administered rates are certain. But if October’s CPI number comes in at 1.7% as expected — or, heaven forbid, a little lower — look for the Fed to amp up its warnings about how a supposed global economic boom is going to touch off an inflation spiral. We’ll believe it when workers start asking for, and getting, big pay raises. Until then, we should continue to regard each 25-basis-point hike by the Fed as another trigger-pull in a game of Russian roulette. Sooner or later, tightening is going to have its effect on the quadrillion dollar derivatives bubble — a cosmic-size juggernaut of potential deflation that someday will put the central banks’ awesomeness in a more sober perspective. . Click here for a free two-week trial that will give you access to all of Rick's daily touts and intraday alerts, plus admission to a 24/7 chat room that draws great traders from around the world.


| Digg This Article
 -- Published: Monday, 13 November 2017 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.