Inflation Alert! The Fed’s Preferred inflation metric dropped a little. However, PCE Price Index for services rose 5.7%. Remember, Nearly 2/3 of consumer spending goes into services! While Corporate Media will trumpet the decline in goods prices, inflation is RAGING and showing no signs of slowing.

by Dismal-Jellyfish Before we get into the number, Governor Philip N. Jefferson’s recent speech does a pretty good job level setting PCE price index for those wondering what it is: Different Ways to Measure InflationThe two primary measures of the price level in the …

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Preferred v Ordinary Shares

by Martin Armstrong QUESTION: Hi Martin, What are your thoughts on preferred shares? Especially the ones with good quality DBRS ratings. Will the survive the downturn or will they fail? Thx FS ANSWER: Ordinary and preference shares are a claim on corporate …

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