Weekly Update for June 21, 2010
June 27, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
The Consumer Price Index retreated 0.2% for May, following a 0.1% decline in April. Energy prices fell 2.9% last month, leading the CPI downward. (Core CPI did advance 0.1% in May.) Across the last 12 months, the CPI has risen 2.0%, with core CPI up 0.9% – the smallest annual gains since 1966. While May’s wholesale prices were 5.3% above levels of a year ago, the Labor Department said that PPI fell 0.3% on the month, which was less than the 0.5% reduction forecast by economists polled by Reuters. Translation: the Federal Reserve has no compulsion to raise interest rates.1,2
Weekly Update for June 14, 2010
June 14, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
Sorry guys. No video again. I’ve been sick the last 5 days and I really don’t want to look like that on a video…
Weekly Update for May 17, 2010
May 17, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
Quote of the week. “Education is not the filling of a pail, but the lighting of a fire.”– William Butler Yeats
Weekly Update for May 10, 2010
May 10, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
Quote of the week. “You’re born an original. Don’t die a copy.”– John Mason
Weekly Economic Update for May 3, 2010
May 3, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
Quote of the week. “The basic difference between being assertive and being aggressive is how our words and behavior affect the rights and well-being of others.”– Sharon Anthony Bower