Recent content by MSWilliams

Thanks very much for sharing.

Conclusion While all these changes directly impacts the CPI, the broader problem is that the Federal Government and Federal Reserve report this as the "official" measure of INFLATION and use the words "cost of living" and "inflation" synonymously. The problem is clearly one of semantics. We...

These major changes fell into three distinct areas: Substitution Hedonics Geometric Weighting. These three changes to the CPI model radically changed the results. For the first time in almost 80 years we were no longer measuring inflation, but instead measuring the "Cost of...

<b>What is Inflation?</b> Before we discuss the CPI and government economic data, we much first fully understand the concept of inflation. Inflation, in the most general terms, is a RISE in price levels of goods and services measured over a period of time. When price levels rise, each unit of...

Since you used the word P-coast, I can only assume that you know who I am. Yes - I was one the P-Coast.

If that was the case how would one ever raise any money? Of for that mater, why would any one give anyone any money to invest? Seems like your making generalizations from your own experience, which is never an accurate measure of the truth.

If you mean as to how the VIX is calculated, they had changed to a model to include the volatility levels in the tail strikes. However, it is weighted and not necessarily reflective of what I refer to as "hidden volatility". The tails are easily observable when both the SPX and VIX reach...

The VIX is a highly touted index on CNBC and in financial circles, but what is it and what does it represent? You may hear it called the "Fear Index", but that too is a misnomer and not an accurate representation of what it is. Certainly there are times based on the price of this index that it...