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Should speculative ventures be included in calculations of inflation? What about productive investment? Housing? All transactions? Or just consumer prices? ----------WHERE---------- Vurbl: https://bit.ly/3rq4dPn Apple: https://apple.co/3czMcWN Deezer: https://bit.ly/3ndoVPE iHeart: https://ihr.fm/31jq7cI TuneIn: http://tun.in/pjT2Z Castro: https://bit.ly/30DMYza Google: https://bit.ly/3e2Z48M Spotify: https://spoti.fi/3arP8mY Pandora: https://pdora.co/2GQL3Qg Breaker: https://bit.ly/2CpHAFO Castbox: https://bit.ly/3fJR5xQ Podbean: https://bit.ly/2QpaDgh Stitcher: https://bit.ly/2C1M1GB PlayerFM: https://bit.ly/3piLtjV Podchaser: https://bit.ly/3oFCrwN PocketCast: https://pca.st/encarkdt SoundCloud: https://bit.ly/3l0yFfK ListenNotes: https://bit.ly/38xY7pb AmazonMusic: https://amzn.to/2UpEk2P PodcastAddict: https://bit.ly/2V39Xjr AlhambraTube: https://bit.ly/2Xp3roy
----------WHEN---------- 01:02 John Hilsenrath says the Fed has failed to hit its inflation target for "several" years. 02:48 Is the Fed keeping interest rates low or is it the market? Which is the cart? The horse? 03:31 Should asset price increases be included in measures of inflation? 05:08 How to interpret rising housing prices with falling apartment rental prices? 08:15 Asset price bubbles - whose responsibility are they? The Fed? Other regulators? 11:32 The TIPS market has inverted - near-term up, long-term trending down. 13:13 Economists have long struggled whether / to what degree to include asset price inflation ----------WHAT---------- Inflation Problems Depend on Where You Look for Them: https://on.wsj.com/3b1E9nB Alhambra Investments Blog: https://bit.ly/2VIC2wW RealClear Markets Essays: https://bit.ly/38tL5a7 ----------WHO---------- Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski, not spending money on haircuts. Art by David Parkins. Podcast intro/outro is "About to Explode" by Daxten and Wai at Epidemic Sound. |