Cpi

Covertibility · Dec 18, 2004

From the big Kahuna itself, the U.S. Department of Labor:
Bureau of Labor Statistics

Headline Number:
+0.2% in Nov 2004
+3.5% since Nov 2003

With out the Food and Energy:
+0.2% in Nov 2004
+2.2% since Nov 2003

Teeny tiny inflation compare to what Weimar Germany fans are reporting.

mtzianos · Dec 20, 2004

http://www.wpbfnews.com/money/3802963/detail.html

Bill Gross overlooks $400bn in bonds.

Covertibility · Jan 19, 2005

CPI for 2004 came in at 3.3%

Core rate for 2004 came in at 2.2%

Not too shabby.

Numbers are here : http://www.bls.gov/cpi/home.htm

Covertibility · Feb 23, 2005

CPI for Jan. 2005

0.1% vs expectations of 0.3%

Core CPI

0.2% vs expectation of 0.3%

Tobacco. leading the charge upward, was up 1.9%

YOY Inflation at 3.0%
YOY Core rate at 2.3%

Weep for the Wiemar Germany fans.

yenzen · Feb 23, 2005

Quote from Covertibility:

CPI for Jan. 2005

0.1% vs expectations of 0.3%

Core CPI

0.2% vs expectation of 0.3%

Tobacco. leading the charge upward, was up 1.9%

YOY Inflation at 3.0%
YOY Core rate at 2.3%

Weep for the Wiemar Germany fans.

and of course u believe those numbers. As if they measure any sort of relevant consumer inflation. Dream on Mr. Gullibility.

Mr. Zen

JohnL111 · Feb 23, 2005

BLS reports the following:

Housing
CPI Index
12mo % Chg

2002 + 2.4%
2003 + 2.2%
2004 + 3.0%

So can I buy the houses that the government says only rose +8% over the past 3 years? Wait... I forgot that the BLS numbers include the cost of financing. So if mortgage rates go to 3-4%, housing will really be cheap!

Unbelievable.

Covertibility · Feb 23, 2005

Quote from yenzen:

and of course u believe those numbers. As if they measure any sort of relevant consumer inflation. Dream on Mr. Gullibility.

Mr. Zen

LOL! All investments take into account the inflation numbers and you want to play a conspiracy game.

I'm not surprised by a post in this thread (http://www.elitetrader.com/vb/showthread.php?s=&threadid=45677&perpage=6&pagenumber=1) made by oktiri:

yenzen,
all your posts are total bullshit , if you have sthg to do, please do....otherwise, stop wasting bandwith with "yes,me too" posts.
I'm adding you to my dumbass list

Covertibility · Mar 23, 2005

Feb CPI : .4% vs expectations of .3%
Core CPI: .3% vs expectations of .2%

CPI is up 3 percent in the past year, while the core rate has risen 2.4 percent, the biggest gain since August 2002.

Covertibility · Apr 20, 2005

U.S. March CPI increases 0.6%
Core rate rises 0.4%, the biggest increase since Aug. 2002

The consumer price index has risen 3.1% in the past 12 months, compared with 3% in the 12 months ending in February. Core prices, which exclude food and energy prices, have risen 2.3% in the past 12 months, down from a three-year high of 2.4% a month ago.

------

A line from the Weimar days, guess who said it:

"The government calmly goes on printing these scraps of paper because, if it stopped, that would be the end of the government. Because once the printing presses stopped - and that is the prerequisite for the stabilization of the mark - the swindle would at once be brought to light. Believe me, our misery will increase. The scoundrel will get by. The reason: because the State itself has become the biggest swindler and crook. A robbers' state!â¦If the horrified people notice that they can starve on billions, they must arrive at this conclusion: we will no longer submit to a State which is built on the swindling idea of the majority."

TGregg · Apr 20, 2005

Quote from jbtrader23:

Why does the govt bother to report "core CPI". There isn't a single person in America that doesn't buy food and energy.

Because F&E is so volatile. Somebody gets nervous about oil and bammo it's up ten bucks a barrel. Then it comes back down, it's tough to think that some speculative boom should influence the CPI numbers.

But I've always thought they should include some sort of MA for F&E. And besides, eventually F&E inceases (or energy, anyway) show up in everything else.