Epsilon Theory: ‘The Stage Is Set For An Explosive Market Re-evaluation Of Inflation’
The following is new from Ben Hunt, as published over at the excellent Epsilon Theory and reposted here with permission.
You can follow Ben and his colleague Rusty Guinn on Twitter here and here, respectively.
No farm animals today. I’d say no TV or movie quotes, but sometimes I can’t help myself. We’ll see. Instead, a quick note to email subscribers about what I think is one of the most unstable (meaning big ups and big downs) markets we’ve seen in eight years.
The day-to-day a
http://www.chapwoodindex.com/
That’s all I need.
Tom, the CPI is a joke. As you point out with your link — and the explanations there are spot on. And it is even worse for financial assets and things that one might find desirable, say for example North Shore Vancouver real estate. Or maybe a Harvard education. In effect these are largely indicative of the devaluation of the currency.