Insignificant Inflation: With the Feds preferred inflation gauge - TopicsExpress

Insignificant Inflation: With the Feds preferred inflation gauge currently running at 1.6% year-over-year, well below the Feds 2% long-run target, real personal income growth flat, real household spending declining by 0.1% in July, and inflation in Europe at a staggeringly low 0.3% year-over-year and falling, dont waste your energy getting worked-up about inflation. Moreover, GDP growth in Q3 will be 2.75%, too low to generate meaningfully more inflationary pressures. © 2014, Graphs & Laughs bit.ly/GraphsandLaughs To post daily MMG content to your own social media profiles, access the Social Media Sharing section, under the Market Action tab.

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