MiamiHerald / In the litany of explanations for the stock market downdraft, the return of inflation is one that deserves the attention of long-term investors.
For years, almost a decade now, the worry about consumer inflation has concentrated on the risk of falling prices. Now, with the January jobs report showing average hourly wages growing 2.9 percent, suddenly rapidly rising prices is the worry.
In the week ahead, that worry will be put to the test with the release of the January Consumer Price Index on Wednesday.
It’s important to note that inflation is not a higher price for avocados at the grocery store, or paying $1,000 for the newest iPhone. It isn’t the cost to see a doctor or what you pay for a haircut. Inflation is all those and more. Inflation is the general rise in overall prices over time. Quickly rising prices are dangerous for an economy, just as are rapidly falling prices. The Federal Reserve’s goal is a steady average of 2 percent inflation. Except that it has been coming up short for years, until now — or at least that is the worry on Wall Street.
CARACAS.- La espera terminó y los Rays de Tampa Bay, en teoría, reforzaron la posición que menos le estaba aportando a la ofensiva con el regreso del criollo Wilson Ramos a las mayores. ?Estamos felices por tener a Wilson Ramos con nosotros? , dijo Kevin Cash a MLB.com. ?Me imagino que probablemente tenía algunas inquietudes…
La compraventa de inmuebles como Torre Agbar, Xanadú y el Edificio España aumenta un 70% la inversión en el primer semestre hasta los 6.000 millones de euros. La inversión inmobiliaria vuelve a registrar cifras récord en el mercado español. A falta de apenas cuatro días del cierre del semestre, la compraventa de edificios y solares…
san fernando Prime Minister Dr Keith Rowley prayed with members of the Muslim community and distributed zakat (charity) to the needy as he celebrated Eid-ul-Fitr at two masjids in San Fernando yesterday. He attended the Eid services on an invitation from Minister of Local Government Kazim Hosein, who is also referred to as a…
gasparillo The mother of a disabled child was shot dead inside her apartment in Gasparillo yesterday. Ornella Philips, 28, was shot once in the chest. Her body was discovered lying in the living room around 10 a.m. The country’s murder toll now stands at 243. Her eight-year-old daughter, Kayla, has cerebral palsy and depends…
ISTANBUL (AP): Turkish police stopped activists for lesbian, gay, bisexual, trans and intersex rights from gathering in large numbers for an LGBT Pride event in Istanbul yesterday, but smaller groups made impromptu press statements, defying a ban imposed by the governor. Organisers of the 2017 Istanbul LGBTI+ Pride had vowed to march in central Taksim…
LONDON (AP): The list of high-rise apartment towers in Britain that have failed fire-safety tests grew to 60, officials said yesterday, revealing the mounting challenge the government faces in the aftermath of London’s Grenfell Tower fire tragedy. All of the buildings for which external cladding samples were so far submitted failed combustibility tests, Communities Secretary…
BAHAWALPUR (AP): Alerted by an announcement over a mosque’s loudspeaker that an overturned tanker truck had sprung a leak, scores of villagers raced to the scene with fuel containers yesterday to gather the oil. Then the wreck exploded, engulfing people in flames as they screamed in terror. At least 153 men, women and children were…
WASHINGTON (AP): Making a final push, United States President Donald Trump said he doesn’t think congressional Republicans are “that far off” on a health overhaul to replace “the dead carcass of Obamacare”. Expressing frustration, he complained about “the level of hostility” in government and wondered why both parties can’t work together on the Senate bill…
While reliving the horrors experienced by so many families after another spate of bizarre violence across the country last week, I couldn’t help but picture Tourism Minister Ed Bartlett’s rictus grin plastered on television screens while the elderly and even suckling babes were being gruesomely slaughtered inside their homes. While the rest of us were…
- 18 March, 2018 Richards: New Sport Policy a step forward for TT
- 18 March, 2018 T&T Spirit back before Easter weekend
- 18 March, 2018 Natasha Gill: Wearing Her Soul on the Outside
- 18 March, 2018 Sloths, Snails, and Service
- 18 March, 2018 Trinidad Union Club gets new home
- 18 March, 2018 Suspect in La Brea killings still at large
- 18 March, 2018 Govt, gas firms open to talks
- 18 March, 2018 EOC head: Amend Domestic Violence Act, improve police response
- 18 March, 2018 TTFA members upset
- 18 March, 2018 TT gets D on tax system