June PPI is Way Above Expectations
This piece was originally published on July 12th, 2024 Overview: Today we got the June Producer Price Index (PPI). The PPI is similar to the Consumer Price Index (CPI) except it measures pricing changes experienced by manufacturers and suppliers of goods and services. Because price changes in the PPI make their way into the CPI … Read more
June CPI is 3.0%.
This piece was originally published on July 11th, 2024 Overview: Today, we got the June Consumer Price Index (CPI) report which showed an overall increase of 3.0% unadjusted in the last year and DOWN 0.1% vs last month. That’s below last month’s 3.3% and expectations of 3.1%. The 0.1% monthly decrease was below the 0.1% … Read more
Weekly Points – July 5th, 2024 – 5 Things to Know in Investing This Week – The British are Coming Issue
On the day that the United States celebrated declaring independence from the British, the UK elected a new Labor government. Is this a coincidence – definitely yes! Bitcoin falls on temporary trading issues. Hodlers shrug and don’t panic. DKI approves and sides with the hodlers. Chairman Powell comments on inflation and appears determined not to … Read more
Great Question on Uranium and $SRUUF
Great question today from Ben about uranium and $SRUUF: I am wondering whether you can comment on SRUUF. According to Cameco’s website, it seems, year-to-June, Uranium spot price is trending lower and is converging to the steady rising long-term price. What factors are driving that trend and what implications those factors might have on SRUUF … Read more
Weekly Points – June 28th, 2024 – 5 Things to Know in Investing This Week – The Let Them Eat Cake Issue
We lead off with a government official meme’ing herself. (Is meme’ing a word? Can we get a ruling by someone over the age of 25 on that?) Despite a terrible reputation as someone who doesn’t understand the impact of inflation on normal people, Treasury Secretary, Janet Yellen, couldn’t resist letting Americans know she thinks their … Read more
WSJ Highlights the Danger of AI Attacks
Today, the WSJ published an article titled “AI is Helping Scammers Outsmart You – and Your Bank” highlighting the new sophisticated techniques being used by people committing fraud. If we remember back to the early days of internet-enabled fraud, the scammers liked to use the Nigerian Prince approach where you’d get an email claiming you … Read more