Michael Ashton

E-PIPHANY

Contributor since: 26 Feb 2010

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• Summary of My Post-CPI Tweets

  Published 20 January 2016 | viewed 0 times

  Below is a summary of my post-CPI tweets. You can (and should!) follow me @inflation_guy or sign up for email updates to my occasional articles…

• Zigs and Zags

  Published 13 January 2016 | viewed 0 times

  "The market," said J.P. Morgan, when asked for his opinion on what the market would do, "will fluctuate." Truer words were never spoken, but the…

• Up to Our Necks in it

  Published 12 January 2016 | viewed 0 times

  It is amazing to reflect on the fact that the stock market last week experienced its worst 5-day span to open the year ever. I…

• Back From the Moon

  Published 06 January 2016 | viewed 0 times

  Economics is too important to be left to economists, apparently. When the FOMC minutes were released this afternoon, I saw the headline "Some FOMC Members…

• Surprising Surprises

  Published 23 December 2015 | viewed 0 times

  If posting on December 22nd was a bad idea, imagine how stupid it is to post on December 23rd? But I noticed something unusual and…

• Homes for the Holidays

  Published 22 December 2015 | viewed 0 times

  It is not usually a very productive endeavor to write an article on December 22nd. In the past, I have made it more or less…

• A Good Time to Remember

  Published 16 December 2015 | viewed 0 times

  Some days make me feel so old. Actually, most days make me feel old, come to think of it; but some days make me feel…

• Summary of My Post-CPI Tweets

  Published 15 December 2015 | viewed 0 times

  Below is a summary of my post-CPI tweets. You can (and should!) follow me @inflation_guy or sign up for email updates to my occasional articles…

• Subtle Clues: Not Everyone Thinks the Fed Will Win

  Published 08 December 2015 | viewed 0 times

  The illiquid trading of December is already well in evidence - and we haven't even reached the bad part yet. One we are past the…

• Swimming Naked

  Published 03 December 2015 | viewed 0 times

  I almost never do this, but I am posting here some remarks from another writer. My friend Andy Fately writes a daily commentary on the…

• Sometimes I Just Sits

  Published 01 December 2015 | viewed 0 times

  An uneducated fellow was laid up in bed with a broken leg. The vicar's wife, visiting him, asked what he did to pass the time,…

• Summary of My Post-CPI Tweets

  Published 17 November 2015 | viewed 0 times

  Below is a summary of my post-CPI tweets. You can (and should!) follow me @inflation_guy or sign up for email updates to my occasional articles…

• Median Inflation vs Mediocre Growth

  Published 05 November 2015 | viewed 0 times

  A reader pointed out to me today a piece by Amy Higgins and Randal Verbrugge on the Cleveland Fed's website entitled "Is a Nonseasonally Adjusted…

• Suddenly, Things are Just Swell!

  Published 03 November 2015 | viewed 0 times

  Over the last month, stocks have absolutely blasted off with one of the most powerful moves in years. More precisely, in this century the only…

• Anchors Aweigh!

  Published 19 October 2015 | viewed 0 times

  I think it is time to talk a little bit about "anchored inflation expectations." Key to a lot of the inflation modeling at the Fed,…

• Summary of My Post-CPI Tweets

  Published 15 October 2015 | viewed 0 times

  Below is a summary of my post-CPI tweets. You can (and should!) follow me @inflation_guy or sign up for email updates to my occasional articles…

• 3729

  Published 14 October 2015 | viewed 0 times

  Walmart (WMT) didn't have its best day today. The bellwether retailer forecast a profit decline of 6-12% in its 2017 fiscal year, in some part…

• The New Fed Operating Framework Explained with Cheese

  Published 08 October 2015 | viewed 0 times

  This will be a brief but hopefully helpful column. For some time, I have been explaining that the new Fed operating framework for monetary policy,…

• Recession Won't Be Fun...But Better than Last Time

  Published 06 October 2015 | viewed 0 times

  Yesterday, I mentioned the likelihood that a recession is coming. The indicators for this are mostly from the manufacturing side of the economic ledger, and…

• The Sky is Not Falling...Yet

  Published 05 October 2015 | viewed 0 times

  The Employment Report on Friday was bad - but it wasn't the unmitigated disaster that the consensus seems to have spun it into. It is…