Charts of the Week
Congress Grows Older
August 13, 2021
A breakdown of politicians in Congress by age and generation
A breakdown of politicians in Congress by age and generation
Updating the growth in central bank balance sheets
A look at electricity generation since 1949
Some interesting charts from our recent posts
Ben Breitholtz: Investors taking PPI in stride. The breadth of commodities rising on a 3-mth annualized basis remains very elevated at 88%, the highest since March 1979. The right-side tail in commodity prices continues to build. 44% of commodities in PPI are +2 standard deviations above average, the most since April 1980. Twitter: Omair Sharif @fcastofthemonth… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – August 12th, 2021
Today's topics include more on yesterday's inflation data, huge demand for yesterday's 10-year auction, timing the taper, the debt ceiling's political theater, calculating housing inflation, working from home, the cost of transporting crude oil, and the crypto universe close to $2 trillion again.
*** CPI for Jul 2021*** CPI m/m: +0.5% (vs +0.5% exp) CPI y/y: +5.4% (vs +5.3% exp) Core m/m: +0.3% (vs +0.4% exp) Core y/y: +4.3% (vs +4.3% exp) Differences beween Core and headline CPI m/m were driven by Food +0.7% vs Energy +1.6%. Unrounded Values: CPI: +0.4738% m/m, +5.3655% y/y m/m was close to… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – August 11th, 2021
Shelter costs, which have been the sleeping giant in the inflation debate, are beginning to reflect higher rents across the U.S.
Today's topics include timing the taper, the assumptions in the transitory argument, rate hikes vs. reflation trade, productivity, monitoring supply chain issues, China picking winners & losers, delta Straussians, and stablecoins.
Ben Breitholtz: NFIB’s small business survey shows the first tick lower in those reporting higher prices since December 2020. Yet another survey likely peaking out! Also those reporting inflation as the single most important problem: Jim Bianco: Quick get Rich Clarida on the phone to explain why inflation remains well anchored! Plans to raise prices,… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – August 10th, 2021