I like Wolf Richter’s work and subscribe to his blog Wolf Street. His work is detailed and he’s covered recent issues in the housing market as well or better than anyone. Yesterday, he released a piece on the huge San Francisco hotel where the owner handed the keys back to the lender at a massive … Read more
Overview: Today, we got the May Consumer Price Index (CPI) report. It showed an overall increase of 4.0% in the last year and .1% vs last month. The core CPI which excludes food and energy was up 5.3% for the last year and up .4% from last month. The market is encouraged by the decrease … Read more
This post originally appeared on April 12, 2023. DKI has written constantly about inflation since November of 2021 when we warned that it was going to be a bigger and more persistent problem than most people thought. We also provided practical specific ideas for how to protect your portfolio. By January of 2022, we were … Read more
