Not exact matches
If oil
prices do not escalate, the government's budget outlook will deteriorate in the billions of dollars, through a combination of slow economic growth and
lower than anticipated
inflation.
Put simply, Rieder thinks it will be difficult for
inflation to rise because the most influential demographic for the economy doesn't want to pay any more
than it has to — and it knows how to discover the
lowest possible
price.
The currency would then be fairly
priced, the expected volatility very
low and unbiased, and investors would require nothing more
than the risk - free cost of capital (assuming, of course, that expected
inflation is positive).
Total
inflation, however, remains much
lower than the underlying trend because of past declines in fuel
prices.
Within program expenses, major transfers to persons were up $ 1.1 billion, primarily due to higher old age security payments, reflecting an increase in the number of recipients and higher
inflation, as benefits are indexed to quarterly changes in the consumer
price index, major transfers to other levels of government were up $ 0.6 billion, reflecting legislative increases; while direct program expenses declined by $ 0.2 billion, as
lower «other transfer» payments more
than offset increases in departmental / agency operating costs.
IMO, it is to
low on the industrial side,
lower than the likely higher consumer
price inflation is.
Core
inflation is currently higher
than the underlying trend, because the
lower dollar is raising the
prices of imports.
ISTANBUL, May 3 (Reuters)- Turkish consumer
price inflation jumped more
than expected in April, data showed on Thursday, sending the lira to a record
low on concern about the central bank's failure to rein in
prices.
World growth will remain
low on average but negative in the UK and Europe;
price inflation will remain sufficiently subdued for a while longer so as to impose no constraint on monetary expansion; central banks will sustain a regime of negative real interest rates and rapid monetary expansion; the risk of a eurozone collapse is off the table for now; finally, stock markets should continue to perform better
than expected, even though the four - year old cyclical bull market is long by historical standards.
Before that, the consumer
price index will be released at 8:30 a.m. and will be important if it brings any surprises, especially a
lower -
than - expected pace of
inflation.
Surprisingly, analysts continue to hail
lower -
than - expected CPI
inflation as giving the PBoC room and encouragement to expand credit — largely I guess because this is what analysts say when US or European CPI
inflation numbers are
low, and although most of us haven't thought through the differences between China and the US in the ways
prices respond to monetary policy, we don't want to seem like we don't know what we are doing.
The idea that real interest rates — that is, adjusted for
inflation — will be
lower than they have been historically is reflected in the pronouncements of policymakers such as Federal Reserve chair Janet Yellen, the medium - term forecasts of official agencies such as the Congressional Budget Office and the International Monetary Fund and the
pricing of government bonds whose payments are tied to
inflation.
The EU's official statistics agency said Friday consumer
prices rose 0.9 % in the 12 months to October, a
lower annual rate of
inflation than the 1.3 % recorded in September, and the
lowest since October 2009.
Headline
inflation is
lower than forecast, largely because of the recent fall in oil
prices.
May 3 - Rising costs start to squeeze American businesse CNN Money May 3 - Home
Prices Jump Again And «$ 3 Gas Is Coming» Dollar Collapse May 3 - Gold
price claws its way higher on Fed meeting and geopolitics Gold - Eagle May 2 - Q&A on SS Central America Gold Coins CoinWeek May 2 - Goldman says case for owning commodities has «rarely been stronger»
than it is now CNBC May 2 - Gold, Silver See Corrective Bounces Ahead Of FOMC Statement Kitco May 1 - Gold Eagle Sales Still Faltering While Mining Output Collapses — Perfect Storm Daily Coin May 1 - Relentless USD Rally Is Precious Metal Kryptonite GoldSeek Apr 30 - Venezuelan
Inflation: The Demise of Fiat Currency in Real Time GoldSilver Apr 30 - Silver Market Update Clive P. Maund Apr 27 - Finest 1913 Liberty Head 5 - cent coin will headline ANA auction Coin World Apr 27 - PCGS security features help police nab suspects in robbery case Coin Update Apr 27 - The Most Famous Coin of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era of Very
Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectible?
Four cities have set new all - time highs for
prices, two are more
than 20 % above their pre-crisis peaks: (click on table or chart for larger image) Home
prices are much more volatile
than rents and are rising a bit faster currently: With
inflation quite
low, the real and nominal home
prices track one - another, unlike the -LSB-...]
The earnings yield (earnings per share divided by the share
price, or the inverse of the
price - to - earnings ratio) still looks attractive versus real (after
inflation) bond yields, meaning stocks may be cheaper
than they look in a
low - rate world.
The result would surely have been that resource and energy
prices, and CPI
inflation everywhere, would now be
lower than they are.
BRUSSELS (AP)-- Consumer
price inflation in the eurozone was stuck at 0.2 percent in August, a
low rate that could encourage the European Central Bank to offer more stimulus sooner rather
than later.
Despite an unemployment rate barely higher
than 4 %, a situation that should induce wage and
price growth,
inflation has been chronically
low for years.
The recent NHS pay review body report estimated that by 2019 nurse pay will be 20 %
lower in real terms
than in 2010 when
inflation is measured using Retail
Price Index (RPI) and 12 %
lower on the Consumer
Price Index (CPI).
Since the sticker
price tuition at Harvard did not increase by 581 % during these years,
low income students still experienced more tuition
inflation than high income students.
Dividend income from high quality companies is likely to start out
lower, especially at today's
prices, but dividends last indefinitely and dividend income is likely to grow faster
than inflation.
Yields are certainly
lower than the true rate of
inflation as defined by the everyday
price index.
e.g. on a universe of all liquid stocks with pretty generous liquidity filters (
price > $ 1, mcap > $ 100 million, on the market for at least 1 year,
inflation - adjusted daily dollar volume in the last 63 days > $ 100,000), before friction, and hold for 5 days (no other sell rule), tested on all start dates Sept 2, 1997 forward to Aug 18, 2015 and then averaged CAGR, leaving an average of 3360 stocks in the universe to then test: a. 17.6 % cagr bottom 5 % of stocks left by bad 4 day return (requiring
price > ma200 was slightly worse
than this at 17.4 %; but requiring
price < ma5 was better at 18.1 %) b. 16.0 % cagr bottom 5 % of stocks left by bad 5 day return c. 14.6 % cagr bottom 5 % by rsi (2) d. 14.7 % cagr for rsi (2) < 5 I have tested longer backtests on simpler liquidity filters (since my tests can't use all of the above filters on very long tests) and this still holds true: bad return in the last 4 or 5 days beats
low rsi (2) for 1 week holds.
And, yes, a big reason why we are in the mess we are in today is that
inflation, with real home
prices included, was much, much higher
than inflation with OER back in 2003, 2004, and 2005 when interest rates and lending standards were at multi-generational
lows.
Because of this
inflation adjustment feature,
inflation protected bonds typically have
lower yields
than conventional fixed rate bonds and will likely decline in
price during periods of deflation, which could result in losses.
Deflation is when the rate of
inflation goes negative, meaning overall
prices are
lower than a year ago.
Panamanian
inflation is usually between 1 and 3 points
lower than US
inflation; it is caused mostly by the Federal Reserve's effect on world
prices.
The earnings yield (earnings per share divided by the share
price, or the inverse of the
price - to - earnings ratio) still looks attractive versus real (after
inflation) bond yields, meaning stocks may be cheaper
than they look in a
low - rate world.
Series I bonds pay a fixed interest rate that is
lower than the rate for EE savings bonds, but they also pay a variable rate that increases with
inflation (as measured by the Consumer
Price Index) and is recalculated semiannually.
Now that renewables provide 94.5 per cent of the country's electricity,
prices are
lower than in the past relative to
inflation.
Adjusted for
inflation, natural gas has not been this cheap for the past 35 years, with the
price this year three to five times
lower than it was in the mid-2000s.
One could suggest «Bay Ridge» in Brooklyn where property
prices are approximately 15 percent
lower than the borough average, but also rents are growing at 3 percent under
inflation according to Business Insider, which detracts from investment potential.
Consumer
prices are higher today
than 20 or 30 years ago, while the
inflation rate is
lower.
With sales on the slide, car shoppers are enjoying more lavish incentives
than ever, and
inflation - adjusted
prices for the new 2002 models that are
lower than they've been in nearly 20 years.
They use a different
inflation measure based on personal consumption expenditures, which runs
lower than the consumer
price index.
Inflation remained
low, with a key
price index increasing less
than 0.1 percent in November.
Louis and Ryan discuss the implications of the U.S. and China relationship; Louis discusses the inflationary implications of QE2; Jim McCowan indicates that now is a good time to get a mortgage and discusses the state of the Arlington VA real estate market; Louis discusses the 1st quarter 2011 HomeGain home
prices survey and the Virginia results; Jim and Louis discuss the rent to buy ratio; Louis discusses the advantages of getting a
low interest rate mortgage prior to the rise in
inflation and interest rates; Ryan and Louis discuss the employment numbers and the potential for recovery; Jim notes that only a small percentage of homes in Arlington are short sales; Jim explains how Arlington short sales get
priced and buyer's misconceptions that they can offer less
than the list
price; Louis contrasts the Arlington home
pricing experience vs. the national experience based on the HomeGain home values survey.
Four cities have set new all - time highs for
prices, two are more
than 20 % above their pre-crisis peaks: (click on table or chart for larger image) Home
prices are much more volatile
than rents and are rising a bit faster currently: With
inflation quite
low, the real and nominal home
prices track one - another, unlike the -LSB-...]
Ryan discusses the death of Osama Bin Laden; Ryan reviews the economic news of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing market to be supported by further decreases in rates as they are already near historic
lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster
than home
prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that
inflation is nascent; Louis notes that not only does the Fed not see
inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil
prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil
prices but that they somehow can control the impact of higher oil
prices on the rest of the economy; Louis also remarks on Bernanke's view of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the
prices of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates
low; Ryan notes that the Fed knows that they can't let interest rates rise because of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates
low or let interest rates rise and cut off the recovery.