Charts of the Week
A Long-Term Look at Inflation-Adjusted Gold
May 12, 2023
A long-term look at inflation-adjusted gold
A long-term look at inflation-adjusted gold
Some interesting charts from our recent posts
Today's topics include PacWest on the clock, Timiraos confirms a Fed pause, entrenched inflation, what happens after the Fed ends the hiking campaign, your daily debt ceiling update, the banking crisis, and charting the housing market
Year-over-year CPI remained relatively steady in April, as anticipated. The May and June CPI releases will be the last window of opportunity for inflation to fall by a large degree. The question is not whether year-over-year headline inflation will be lower in a few months, but how far it will fall before year-ago numbers start to make further declines more difficult. Running through several scenarios offers some perspective on inflation’s future growth rate. We also offer a similar scenario analysis using the Fed's Supercore measure.
Today's topics include the debt ceiling & U.S. default, avoiding another bank failure, on the housing market, central bank uncertainty, Japan's central bank policy, U.S. equity market vs. global, Druckenmiller sees hard landing this quarter, and transforming the labor market with AI
Today's topics include is June 1 the real X-Date?, making depositors feel safe, filling Europe's natural gas storage, Austan Goolsbee sounds the credit crunch alarm, Powell's popularity reaches a low, defining excess savings, and robot vs. human traders
Q1 2023 earnings season is past the halfway point. The typical bounce is underway with 79% of companies beating expectations.
Today's topics include confusion about the 14th amendment, liquidity risk, discussing the Fed pivot, a tail of two market sentiments, big short bets on Treasuries, how big is too big for JPM?, layoff & hiring boom at the same time, and oil giants sit on cash hoard