Nope. Indeed, gold may be signaling the first synchronized global inflation event in over two decades.
David Gitlitz
Time for Change?
Friday, December 9, 2005
The Fed might be approaching neutrality, but that doesn't mean it's done.
No Respect
Thursday, December 1, 2005
This expansion remains robust -- and its detractors are focusing on every risk except the relevant ones.
Gold at $490
Tuesday, November 22, 2005
Fears that a new Fed chair will let inflation break out here are overdone.
Core Inflation Not as Low as It Looks
Wednesday, November 16, 2005
Statistical artifacts are holding down reported inflation. Soon those same artifacts will boost it.
Job Market Myth vs. Reality
Monday, November 7, 2005
Jobs numbers can't prop up bonds -- but they may inspire the Fed to overshoot.
No Dove
Tuesday, November 1, 2005
The risk in a new Bernanke Fed is overshooting in the direction of tightness.
Bernanke Takes the Helm: Critical Questions
Tuesday, October 25, 2005
Inside the mind of the new Fed chair -- for better, and for worse.
Bonds Away
Monday, October 17, 2005
The Fed fooled bonds by treating high energy prices as inflationary, not contractionary.
High Anxiety
Monday, October 10, 2005
High energy prices are unlikely to derail an expansion based on wealth creation and capital formation.