Off the Cuff

Inflation is much worse than advertised. But you already know that if you’ve been in a grocery store at any point over the past year. But how much worse? Two to three times higher than the government typically reports. Ed Butowsky’s Chapwood Index is better, and easier to understand than the BLS statistical magicians.

This week on Off The Cuff Michael Gayed, CFA, and I discussed his views on the markets, the economy, and where they are headed. Michael thinks there’s a “credit event” coming that will shake it all up. What’s a credit event? That’s a “Lehman moment” or a string of bank failures that cascade to other […]