Inflation
Column Published in syndication December 08, 2021

Inflation by some measures is at 30-year highs, hitting many families hard. It's complicated, but there are basically two things happening. Let's take a closer look.

Inflated Inflation Influence
Column Published in syndication June 16, 2021

Calm down! Recent inflation reports have caused alarm and, frankly, overreaction. The overall Consumer Price Index increased again in May, bringing the rate over the last 12 months to 5.0%. It was the largest 12-month increase since a 5.4% rise observed in August 2008, during the midst of the Great Recession. The index for all items less food and energy rose 3.8%, the largest annualized increase since June 1992.

Let It Roar!
Column Published in syndication May 05, 2021

In a few speeches and scribblings of late, I have noted that we appear on the cusp of a new Roaring Twenties, similar to that emerging a century ago in the wake of the Spanish flu (hopefully without any expectation that I will master the Charleston). That modest projection inevitably raises the question: "If we roar like the 1920s, will we then fall through the floor like the Great Depression of the 1930s?" The answer is quite simple – No!!