Tuesday, July 22, 2014

Economy

Price inflation continues.
"The Labor Department said the consumer price index increased 0.3% in June after a 0.4% gain in May.
The gasoline index rose 3.3% in June, and accounted for two-thirds of the increase in overall June prices, the department said.
Food and so-called core prices decelerated in June.
Food prices rose 0.1% in June, the smallest monthly increase since January, after a steep 0.5% gain in May."
Yellen is stuck.

Beef and bacon hit record high prices.

Insiders are scared.
"The CBOE Volatility Index (VIX), which measures current market volatility or fear, spiked last Thursday but has fallen since then and remains at levels well below its long-run average. But beneath the surface, the evidence is building that insiders are hunkering down for a period of turmoil on a scale that, on one measure, has never been seen before."
I'm scared.

China's debt ratios approaches US.

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