Macro: Sep CPI stuck at 3.7% YOY
2023-10-13
The most anticipated release of the week came in … “Unchanged” or sticky stuck from the August at 3.7% yoy. But it’s worth mentioning as we will discuss below that this is up from June CPI which was 3.09% yoy. Core CPI which excludes food and energy because of their volatility sits at 4.13% yoy down from 4.39% last month.
Let’s look under the hood a bit because headlines will mention “sticky” CPI and there are some reasons that CPI will indeed be stickier for longer than we hope.
Let’s first start with energy which is about 7.5% of the basket. With the exception of the spike in oil coinciding with the Russian invasion of Ukraine, oil peaked in June 22 at around $122/bbl. So for the whole year of June22-June23 oil was helping bring inflation down. In June22 energy inflation was 41.25% yoy
Der Renten-Kollaps kommt!
2023-08-25
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WEFF (Wachstum, Erde, Frieden, Freiheit) – 20.08.23 in Davos | Vortrag von Ernst Wolff
2023-08-24
Der Vortrag Sommer-WEFF(Wachstum, Erde, Frieden, Freiheit) fand am 20.08.2023 in Davos statt.
ZUR CWL Media Group: https://cwl-live.ch
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Auf dem offiziellen YouTube-Kanal vom Wirtschaftsexperten Ernst Wolff, finden Sie verschiedene Formate wie das "Lexikon der Finanzwelt", das dem Zuschauer als umfassendes, audiovisuelles Finanzlexikon dienen soll. Komplexe Begriffe und Sachverhalte aus den oft undurchsichtigen Weiten der globalen Finanzwelt, werden auf ihren Wesenskern reduziert und auch für den Laien in verständlicher Weise erklärt. Außerdem das Format "Der aktuelle Kommentar", in dem Ernst Wolff zu aktuellen Themen Stellung bezieht. Des weiteren Interviews und vieles mehr…
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Ernst
The Original Oracle of Omaha: Howard Homan Buffett
2023-08-24
Warren Buffett, renowned as the “Oracle of Omaha,” emerges as a towering figure among the most celebrated and accomplished financiers in modern times. Throughout his illustrious career spanning numerous decades, he has accumulated unrivaled wealth, garnering an esteemed reputation in the financial realm. Presently, he holds the prestigious positions of chairman and CEO at Berkshire Hathaway, a conglomerate that mirrors his astute discernment of value and commitment to long-term, judicious investments.
In contrast to his father, Howard (the original Oracle of Omaha), who was a four-term Republican representative for the state of Nebraska and a vocal libertarian aligned with the Old Right, Warren supports expansive government intervention in the American economy. To understand Warren
Surprise-Packed Tuesday: China Cut Rates, Japan’s Q2 GDP Rises Twice as Fast as Expected, and UK Wages Accelerate
2023-08-15
Overview: Today’s highlights include a surprise rate
cut from China after another series of disappointing data and much stronger
than expected Japanese Q2 GDP (6% annualized pace). The UK reported an
unexpected sharp jump in average weekly earnings, which were sufficient to get
renew speculation of a 50 bp hike by the Bank of England next month. The US
dollar is mixed. The Swedish krona and dollar-bloc currencies are struggling,
while the Swiss franc and sterling are leading the other European currencies
higher. The yen is slightly lower and is threatening to extend its losing
streak for the seventh consecutive session. Gold is holding above yesterday’s
low, which was slightly below $1903, but the upside has been capped near $1908.
Stocks and bonds are selling
off. China’s 10-year bond