Category Archives: Offshore Hosting

No. 470: August CPI, PPI, Retail Sales, Industrial Production

(SGS Subscription required) • Fed Easing Aimed at Propping Banking System, Not Boosting
• CPI and PPI Headline Inflation Highest Since June 2009
• Headline CPI Held at 0.6%, Instead of 1.0%, Due to Intervention Analysis?
• August Year-to-Year Inflation: 1.7% (CPI-U), 1.7% (CPI-W), 9.3% (SGS)
• Retail Sales Showing Consistent Pattern of Overstated Headline Activity Being Revised Lower in Following Month
• Monthly Production and Real Earnings Turn Down

No. 468: August Employment and Unemployment, M3

(SGS Subscription required) • A Move to Open-Ended Monetization of Treasuries?
• Payroll Jobs Down by 261,000, Household-Survey Employment Down by 86,000,
Since President Obama’s January 2009 Inauguration
• BLS Did Not Publish Actual July-to-August Unemployment Rate Change
• August Unemployment: 8.1% (U.3), 14.7% (U.6), 22.8% (ShadowStats.com)
• M3 Annual Growth Notches Higher
• Jump in Reported Inflation Likely in Week Ahead