They're the largest CONTRIBUTORS not components. They only COMPRISE 7.89% of the CPI's relative importance; Food and Shelter are 46.3%.
Given the totality of my posts, yours does mot meaningfully improve the understanding of the issue at hand. The message it sends (at least to me) probably isn’t the one for which you were aiming.
The issue at hand is 42.2% of the YoY rise in the seasonally adj CPI came from 7.89% of the Index's components; Gasoline ( 40% YoY ) was 3.748% of relative importance, yet contributed 19.9% of the rise. Used Cars ( 40.5% YoY ) was 4.143% and contributed 22.3%. Shelter ( 4.4% YoY ) was 32.96% and contributed 19.3% of the rise. Food ( 7.0% YoY ) was 13.37% and contributed 13.3%. Just showing each category's bps contribution without any context tells us nothing.
Maybe you should read agip’s post to which I was responding.
“And as always, look at the components of inflation. Even though it is spreading out, it's something like half from *used cars* and gasoline.”
This is embarrassing bush league on your part, gente. I don’t understand why you’re going after this as you are. I have asked for an explanation, and you have offered none.
While I don’t know, I suspect that readers understood the meaning of the posts, agip included. He defined the initial use of language, to which I courteously responded in kind.
I am done on this subject. Nobody wants to read this, and I no longer wish to write it.
Old adage: you’ll never go broke taking a profit. Agree with Maserati that the Ukraine situation far from over, plus it seems to me inflationary pressures on energy/commodities likely to go higher. That said, split decision, book some gains, hold onto some.
What the Federal Reserve is up to, and how we got here.September 2012 Update: Check out my essay on how the Fed thinks QE will create jobs: http://omidmaleka...
Old adage: you’ll never go broke taking a profit. Agree with Maserati that the Ukraine situation far from over, plus it seems to me inflationary pressures on energy/commodities likely to go higher. That said, split decision, book some gains, hold onto some.
Very true. Went with half. Guess it's all kind of an art, when to lock in some profits but keep the proper level of exposure.
I keep being tempted to take profit on other things, but there's 0 point to have much cash at my age/risk profile. Still gotta set enough aside for taxes (crypto dex swapping is gonna be a bigly pain).
Back to Russia, it seems that the "just leave a ton of permanent troops 20 miles from Ukraine" as a bargaining chip with Donbass and joining NATO is looking more likely.
Not that anyone needs to be reminded, but yeah this is what ZeroHedge is. For pere's sake stop handing them your advertising dollars via clicks.
WASHINGTON (AP) — U.S. intelligence officials on Tuesday accused a conservative financial news website with a significant American readership of amplifying Kremlin propaganda and alleged five media outlets targeting Ukrainians have taken direction from Russian spies. The officials said Zero Hedge, which has 1.2 million Twitter followers, published articles created by Moscow-controlled media that were then shared by outlets and people unaware of their nexus to Russian intelligence. The officials did not say whether they thought Zero Hedge knew of any links to spy agencies and did not allege direct links between the website and Russia. Zero Hedge denied the claims and said it tries to “publish a wide spectrum of views that cover both sides of a given story.” In a response posted online Tuesday morning, the website said it “has never worked, collaborated or cooperated with Russia, nor are there any links to spy agencies.”
And yet nowhere did they show where any article was factually incorrect.
”Accused of amplifying propaganda”😂😂. Is there a legal standard in there?
ZH is second-rate. I go to RT to hear what the Moscow mouthpieces are saying.😁. And as far as Russia and the satellite states go, I have “people”, I’m sure Racket will love that.
I wanted to invest there a while ago via some vehicle like LETRX, but just couldn’t do it. i see it’s up 0.34% so far today.
I meant to chime in yesterday that it looked like it might be a good day to "sell the bump." The day is starting out trudging into some strong head winds...
I meant to chime in yesterday that it looked like it might be a good day to "sell the bump." The day is starting out trudging into some strong head winds...
I have been shorting on the rip, closing on the dip.
And yet nowhere did they show where any article was factually incorrect.
”Accused of amplifying propaganda”😂😂. Is there a legal standard in there?
ZH is second-rate. I go to RT to hear what the Moscow mouthpieces are saying.😁. And as far as Russia and the satellite states go, I have “people”, I’m sure Racket will love that.
I wanted to invest there a while ago via some vehicle like LETRX, but just couldn’t do it. i see it’s up 0.34% so far today.
Some feel that the Military Industrial Complex and the growth of government is more of a threat to this country than Putin or Zerohedge.
that may be but it's pretty clear to me that supporting a company that delivers and amplifies the propaganda messaging of Vladimir Putin...is not living a best life.
No, I lost out to someone more “in” than me. I know him, it’s all good. There are other options, but that one was almost perfect for us.
Things are resolved amicably, with reference to a long-held code of conduct. You can be firm, but always courteous. Never generous. Foreign attitudes can be a problem, so if you are a foreigner and work to understand the local mores and customs, that plus speaking the language shows respect and helps get you accepted by the community.
For us, it is a second home, in some ways a first home. You will love this, we actually know the regional concrete mafia, right to the top. Ethnically Italian, of course (Piémontaises, actually). That reminds me, I have to send some flowers.
Did more buying yesterday, found some things slightly on sale. Still nothing super-appealing in the US.
Some of youse have talked about Amazon. This can't help but juice the stock price a bit
WSJ:
Activist investor Daniel Loeb, whose Third Point LLC counts Amazon.com Inc. AMZN 1.02% as one of its biggest holdings, told investors on Wednesday that he sees roughly $1 trillion in untapped value at the e-commerce giant. Mr. Loeb said on a private call with the hedge fund’s investors that the market is failing to recognize the full value of Amazon’s AMZN 1.02% two disparate businesses, its core e-commerce operation and its Amazon Web Services cloud unit, according to people familiar with the matter. The call reviewed Third Point’s 2021 performance and its outlook on markets and a number of stocks were discussed. AWS, as Amazon Web Services is known, has a so-called enterprise value of more than $1.5 trillion, almost as much as the company’s current market value of $1.6 trillion, according to a slide shared on the call, the people said. Meanwhile, Amazon’s retail business could be worth some $1 trillion, the slide said. There is no sign that Mr. Loeb, one of the best-known shareholder activists, is pursuing an activist campaign at Amazon. The basic sum-of-the-parts analysis of Amazon has been widely discussed in recent years on Wall Street—especially since antitrust regulators began zeroing in on the increasing power of large tech companies like Amazon, fueling talk of potential break ups.
