-
Jan 30, 2025 | 
aier.org | Peter C. Earle
In September 2024, the AIER Business Conditions Leading Indicator remained at its expansionary August level of 71. The Roughly Coincident Indicator fell back to 58 (its July value) after a brief August spike to 92. The Lagging Indicator remained in the contractionary territory it has languished in since November 2023, edging up slightly from 25 to 33. Across the twelve Leading Indicator constituents, three declined, eight rose, and one was unchanged in September 2024.
-
Jan 30, 2025 | 
aier.org | Peter C. Earle
The American Institute for Economic Research Everyday Price Index (EPI) declined 0.20 percent to 289.0 in October 2024. This is the fourth monthly decline in our index since January 2024, the third consecutive decline, and the fourth time this year that our core CPI proxy and the EPI have diverged on a monthly basis. AIER Everyday Price Index vs. US Consumer Price Index (NSA, 1987 = 100)Among the twenty-four EPI constituents eleven rose, one was unchanged, and twelve declined in October 2024.
-
Jan 22, 2025 | 
aier.org | Peter C. Earle
The price of energy, entertainment, and rent continued to rise. Food prices were down slightly following November’s increase. Signs point to stabilization.
-
Jan 15, 2025 | 
thedailyeconomy.org | Peter C. Earle
The American Institute for Economic Research’s Everyday Price Index (EPI), calculated and published monthly, rose 0.12 percent to 288.3 in December 2024. This is the first rise in the index after five consecutive months of declines beginning in July 2024. For the year ending in December, the EPI rose 1.8 percent. AIER Everyday Price Index vs. US Consumer Price Index (NSA, 1987 = 100)Among the twenty-four EPI constituents, seventeen rose, five declined, and two were unchanged from the prior month.
-
Jan 15, 2025 | 
aier.org | Peter C. Earle
“April’s core CPI data represents the lowest of 2024 and may signal the resumption of disinflation, particularly where shelter costs are concerned. Despite some favorable signs, though, there remains a persistent inflationary pressure in certain categories.” ~Peter C. Earle
-
Nov 22, 2024 | 
gold-eagle.com | Peter C. Earle
Last summer I gave a talk on dedollarization, and as customarily occurs a question and answer session followed. Most of the queries and comments focused on the outlook for the dollar, prospects for gold and Bitcoin, and the comparative advantages of the growing BRICS union versus those of Western (US dollar, British pound, Euro, etc.) nations. One audience member expressed deep doubt over most of the assertions regarding growing diversification away from dollar dependence.
-
Oct 31, 2024 | 
capitalismmagazine.com | Peter C. Earle
Fiscal Year 2025 Budget of the United States includes a proposal to tax unrealized capital gains: a new, dark turn in the annals of the history of US government revenue collection. Only one of several tax increases sought, it is a terrifyingly consequential one.
-
Oct 24, 2024 | 
moaf.org | Peter C. Earle
Download Featured Article: "The Bears Seize Control: Revisiting the Devastating Bear Market of 1973-1974 on Its 50th Anniversary" By Peter C. Earle 615.54 KBAlso in this Issue:"A 45-Year Flood: The History of Alternative Asset Classes," by Mark J. Higgins"Moral Hazard: An Historical Comparison Between the United States and Canada," by Joe Martin and Phyllis Scully"Pride in Prosperity: The Enduring Legacy of Justin Smith Morrill," by Jane Flaherty"100 Years of Mutual Funds," by Matthew P.
-
Oct 3, 2024 | 
aier.org | William Luther |VANCE GINN |Peter C. Earle |Richard Salsman
Monetary policy influences inflation, employment, and economic activity. A stable but dynamic monetary system is vital for supporting economic growth, individual liberty, and a prosperous society. Therefore, we examine the causes and consequences of monetary policy (including inflation), identify ideal and practical steps towards a better monetary policy regime, and look at monetary alternatives and financial regulation.
-
Sep 25, 2024 | 
aier.org | Peter C. Earle
In July 2024, all three of the AIER Business Conditions indicators maintained their levels from the previous month. The Leading Indicator inched up from 54 to a mildly expansionary level of 58, while the Roughly Coincident Indicator declined from 83 in June to 58 in July. The Lagging Indicator fell from a contractionary 42 to a slightly more contractionary level of 33. Among the twelve Leading Indicator components, from June to July 2024 seven rose and five declined.
