In this fourth year of Visual Capitalist's Prediction Consensus (now part of their more comprehensive 2023 Global Forecast Series), they've learned a few things about the universe of predictions, experts, outlooks, and forecasts.
GUEST OVERVIEW: Phil Denniston is founder of BadDaddy Publishing, better bedtime stories for free-thinking parents. His website is www.InflationEducation.net
There is nothing more substantive than Bernanke's original finger-in-the-air proposition that the Fed needed a 200 basis point cushion in the inflation rate in order to steer the economy clear of the dreaded 0.0% inflation line...
TOMS King Holdings, which operates 90 locations in Illinois, Ohio, Pennsylvania and Virginia, blamed the pandemic for hurting traffic and inflation for draining cash flow.
One of the most dishonest games being played in economics today is the attempt by various groups (political and financial) to deflect blame for the rise of inflation.
Joe Biden Cheers Historic Year: Record Crime, Record Inflation, Record Illegal Immigration, Record Gas Prices, Worst Stock/Bond/Equity Losses Since 1871
I put together data on food inflation from over 170+ countries, and let's think of the consequences this has for poorer countries where people's food budgets are much higher than in western nations. In my opinion, were heading very fast into the "Ara
The most expensive time of the year is winding down and the numbers are in. Retail sales ended up being 7.6% higher for Christmas 2022 than for Christmas 2021.
Since 2008, we have been in an era of unprecedented money printing and interest rate suppression. Now the cost of all of that easy money is coming due.
Gold prices could surge to $4,000 per ounce in 2023 as interest rate hikes and recession fears keep markets volatile, said Juerg Kiener, managing director and chief investment officer of Swiss Asia Capital.
You are being lied to about inflation. In fact, you're being told two main lies: the first is how high inflation actually is. But the second is who is truly responsible for a large part of inflation happening.
The signs are already present and obvious, but the overall economic picture probably won't be acknowledged in the mainstream until the situation becomes much worse (as if it's not bad enough).
Markets have rallied since we got cooler-than-expected CPI data for October. But in his podcast, Peter Schiff said we are in the eye of the inflation hurricane, and investors have been lulled into a false sense of security.
Fed tells employers to STOP giving pay rises in order to bring inflation down: Warns wages are rising faster than they have in decades - and there are now almost two jobs for every person looking for work
Markets have rallied since we got cooler-than-expected CPI data for October. But in his podcast, Peter Schiff said we are in the eye of the inflation hurricane, and investors have been lulled into a false sense of security.
As discussed earlier, most banks agree that while the midterms are important over the medium and long run, Thursday's CPI print will be the most important factor to shape the expectations for December FOMC and the market's near term reaction. Here, c
International Man: The Social Security Administration recently announced an 8.7% cost of living adjustment for next year. That's the largest increase in over 40 years.
International Man: The Social Security Administration recently announced an 8.7% cost of living adjustment for next year. That's the largest increase in over 40 years.
...the current inflation problem along with all of the big economic crises have one commonality... progressive government coupled with monetary policies run by the Fed...