Robert Brusca
Robert Brusca
concerns continues evidence fears inflation
While concerns about inflation swirl, the evidence continues to give those fears little substance,
bonds focus good growth inflation market numbers reaction seeing strong year
But it was a strong year of growth and you see the inflation numbers were very, very tranquil. If anything, bonds are going to focus on inflation so we should be seeing a good bond market reaction to this.
clearly dead forces global inflation keeping powerful string trying
It's not that I think inflation will be dead forever, but there are very powerful global forces keeping it low. The bond-market vigilantes are clearly trying to string up the innocent.
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It means we sort of dodged another bullet on the inflation front. These kinds of numbers put the Federal Reserve in a difficult box. We don't have inflation, the economy is growing too fast, they are afraid it won't keep up, but it's hard for them to raise rates without any inflation on the doorstep.
begin creates creep demand employees evidence fed gains generally inflation quite realize scenario starting wage worker
Worker productivity generally creates a scenario where employees realize they can begin to demand more for what they do. While the year-over-year productivity gains are still quite good, there is some evidence that wage inflation may be starting to creep in. The Fed won't like this.
bit good inflation
a little bit of inflation could be a really good thing, but not too much of it.
concerned fed fighting focused inflation
They are desperately concerned about maintaining inflation fighting credibility. So the Fed is not focused on inflation, it's focused on inflation in the future.
gains inflation toe
This is the way inflation gains a toe hold,
breadth impressive inflation pressures report signals
The breadth of inflation is contained. Inflation pressures are not spreading. This (CPI) report has much more impressive signals than the PPI.
breadth impressive inflation pressures report signals
The breadth of inflation is contained, ... Inflation pressures are not spreading. This (CPI) report has much more impressive signals than the PPI.
chasing few inflation money oil prices
Oil prices going up is not inflationary. Inflation is too much money chasing too few goods.
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I don't think inflation is that much of a concern. However, there are still a few short-term issues at hand that could challenge spending, such as the labor market. Though it had improved, it hasn't yet turned a sharp corner.
core excited fed gotten hardly inflation low oil past raising rates year
I don't think there's anything the Fed can make better by raising rates faster, ... They've gotten rates up a lot in the past year already. Inflation had accelerated because of oil but core inflation is still low and hardly anything to get excited about.
below federal funds harder inflation interest lower rates stimulate
If you really want to stimulate the economy, you put interest rates down below the inflation rate. The lower the inflation rate goes, the harder it is to get the federal funds rate down below that.