May 4, 2012
By Craig Richardson
On March 14 of this year, Goldman Sachs executive Greg Smith stunned Wall Street with a public resignation letter, explaining why he could no longer work there. He described in detail the “toxic and destructive” corporate environment, saying the giant investment bank no longer deserves to be trusted, since clients’ needs came second to Goldman profits.
May 3, 2012
When U.K. subscriber John M. wrote in this week, he got right to the point.
Asked John: "What's happening to gold prices? Why are they dropping?"
For an answer, I speed-dialed Real Asset Returns Editor Peter Krauth - our resident expert on mining and precious metals.
Peter is based in Canada, which keeps him close to the natural-resource companies that proliferate north of the border. He gave me a detailed and insightful answer to John M.'s question.
April 9, 2012
Consumers wondering why they don't have any money in their pockets to buy dog food at the same time the government is telling them inflation remains tame needn't worry about their sanity.
As the Labor Department gets ready to report on the consumer-price index for March on Friday, the American Institute for Economic Research is cautioning that "everyday prices" for such things as food, fuel and prescription drugs are skyrocketing.
The think tank estimates that consumer inflation, as ... [read more]
April 9, 2012
The economy's been growing at a rate less than half the average for the recoveries following the nine previous postwar recessions. Accompanying the worst recovery ever is the longest period of sustained high unemployment since the Great Depression, the Congressional Budget Office has noted.
Real average hourly earnings fell 1.1 percent between February of last year and this February, said the Bureau of Labor Statistics.
April 9, 2012
Many economists have spent a great deal of time trying to understand why, despite prodding from both the Federal government and Federal Reserve, the American economic "recovery" has been tepid at best. In an article entitled "The Housing Trap" by Dr. Zinna Mukherjee, Research Fellow at the American Institute for Economic Research, the author explains how the upsurge in home ownership in America led to reduced savings rates and has ultimately led to a deepening of the Great Recession.
April 3, 2012
Price momentum is a key component of chart analysis. Traders commonly look for stocks moving in a certain direction or signs that the direction of a stock’s price is about to change. The idea is that momentum is a trader’s friend, if it can properly be identified and analyzed.
The argument against price momentum is that price movements are random. Share prices, many argue, adjust quickly to reflect new information, and new information cannot be predicted. Thus, trend analysis does not lead to improved long-term performance.
April 2, 2012
It's time for the Fed to fight inflation.
After all, that's supposed to be Job No. 1, now that the specter of financial crisis has passed. Inflation is already running above the Fed's 2% target, and one-year consumer inflation expectations have jumped to 4%.
Inflation is nowhere as visible as at the fuel pump, where gasoline prices have returned to their 2011 highs and are a mere 20 cents from their 2008 all-time peak. (See the chart below.)
March 21, 2012
The big problem for President Obama in November may turn out to be the misery index, which combines the inflation rate and the unemployment rate. When it reaches double digits, incumbents generally don't do too well. At 8.3% the unemployment rate is probably not going to surprise on the upside between now and November. It may even go down a bit. But the other component of the misery index, inflation, is more likely to rise than fall.
March 15, 2012
AIER | Everyday Price Index on The Wall Street Journal
Columnist Mary O'Grady on a new report that shows inflation exceeds 8% on the American Institute for Economic Research 'everyday price index.
Read AIER's article, The EPI Reflects Basic Economic Change.
March 15, 2012
AIER | Everyday Price Index on Reuters
When the consumer price index is released later this week, it's likely to look scary because of the run up in gasoline prices that hit at the end of February.
Economists polled by Reuters expect the CPI to be up 0.4 percent in February, double the January rate, mainly on oil price increases that were 11 percent in February. In both January and February, the index would have gone up half as much if food and energy prices were excluded.
March 14, 2012
AIER | Everyday Price Index on The Motley Fool
The Consumer Price Index, the inflation gauge produced by the Bureau of Labor Statistics, says inflation was 2.9% in the year ended January. Yet, the average price of a gallon of gasoline went up more than 10% during that period. The price of milk increased double-digits, too. Heating oil prices have skyrocketed.
How do you reconcile these figures? If you're like many, you conclude that the CPI is flawed or, worse, a government conspiracy.
March 13, 2012
AIER's Everyday Price Index | The Kudlow Report, CNBC
Discussing whether the country's inflation rate is higher than what the Fed and the Bureau of Labor Statistics is releasing, with Brian Wesbury, First Trust Advisors and Steve Cunningham, American Institute for Economic Research.
Read AIER's original article, The EPI Reflects Basic Economic Change.
March 9, 2012
AIER | Everyday Price Index on Daily Koss
Forget the modest 3.1 percent rise in the Consumer Price Index, the government's widely used measure of inflation. Everyday prices are up some 8 percent over the past year, according to the American Institute for Economic Research... [read more]
Read AIER's original article, The EPI Reflects Basic Economic Change.
March 9, 2012
AIER's Everyday Price Index | The Santelli Exchange, CNBC
March 6, 2012
AIER | Inflation and Everyday Prices on Time Business
To know what's really happening to your own standard of living, don't pay attention to government's statistics – just go to the grocery store or a department store and look around you... [read more]
Read AIER's original article, The EPI Reflects Basic Economic Change.
March 5, 2012
AIER's Everyday Price Index on Chicago Sun-Times
In recent interviews, President Barack Obama declared he has “got another five years” in the White House. Well, we will have an election Nov. 6 and, though Democrats and liberal conventional wisdom say the contest is all but over, the voters will have their say and the Republican candidate will find the party coalescing around him once the protracted nomination fight is over... [read more]
March 5, 2012
AIER's Everyday Price Index on Consumer Affairs
The U.S. government's Consumer Price Index (CPI), a measure of the cost of goods and services at the retail level, shows inflation is fairly tame. Costs to consumers are growing at a little more than three percent... [read more]
Read AIER's original article, The EPI Reflects Basic Economic Change.
March 5, 2012
AIER's Everyday Price Index on Daily Finance
Plunging home values and swinging stock markets have hit Americans' finances hard. But a much bigger threat to your long-term financial health is inflation, which slowly but surely destroys the purchasing power of your hard-earned money... [read more]
March 2, 2012
AIER's Everyday Price Index on Hot Air
Ben Bernanke claims not to worry over the inflationary impact of rising gas prices. In testimony to the House Financial Services Committee yesterday, the Fed chair said that gas price hikes would temporarily bump inflation upward and reduce disposable income, but that the impact would not be lasting, nor deflect from the long-term trend of stable inflation rates... [read more]
March 2, 2012
AIER's Everyday Price Index on WCHS Eyewitness News
March 2, 2012
AIER's Everyday Price Index on Fox business News
March 1, 2012
AIER's Everyday Price Index on The Washington Examiner
Every year the official Consumer Price Index is released demonstrating the average price hikes experienced Americans each year. Last year the CPI rose 3.1 percent, a seemingly modest hike by many standards.
March 1, 2012
AIER's Everyday Price Index on The Wall Street Journal's Market Watch
March 1, 2012
AIER's Everyday Price Index on CBS Money Watch
Forget the modest 3.1 percent rise in the Consumer Price Index, the government's widely used measure of inflation. Everyday prices are up some 8 percent over the past year, according to the American Institute for Economic Research... [read more]
