Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!

Greenspan’s Retreat Forms Saucer Bottom as US Core Inflation Exceeds 2% Target

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

Today, the US inflation numbers were released and CNBC proclaimed “US core inflation posts biggest gain in nearly 1 1/2 years!” Yes, core inflation (CPI less food and energy) rose 2.1% YoY, hardly distinguishable from other readings since 2000.  But what is noticeable is the “Greenspan Retreat,” the last time core inflation exceeded 5%.

Liquidity moves markets!

Follow the money. Find the profits! 


Of course, housing rents and prices are growing at over twice that of core inflation. The FHFA purchase only index YoY is growing at 5.2% and owner’s equivalent rent is growing at 3.4%.


Things have never been the same since Fed Chair Alan Greenspan’s tenure. It is off to the races for assets since Greenspan and his merry men.


 Alan Greenspan cheering 5% core inflation in 1990.



Wall Street Examiner Disclosure:Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. I may receive promotional consideration on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. No endorsement of third party content is either expressed or implied by posting the content. Do your own due diligence when considering the offerings of information providers.

Try Lee Adler's Technical Trader risk free for 90 days! Follow the money. Find the profits!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.