No. 534: May CPI, Housing Starts, Real Retail Sales, Real Earnings, Systemic Solvency

(SGS Subscription required) • Fed’s Expanded QE3 Has Monetized 78.4% of the Concurrent Increase in Treasury Debt
• Relationship of Post-2008 Monetary Base Activity to Broad Money Supply
• May Year-to-Year Inflation: 1.4% (CPI-U), 1.2% (CPI-W), 9.0% (ShadowStats)
• Real Retail Sales Still Signal Broad Economic Downturn
• Second-Quarter Housing Starts on Track for Quarterly Plunge

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.