Inflation, Energy & Core CPI (Forbes Video)
I've been railing on why Markets should focus on energy prices and consumer spending, rather than core CPI; Here's a quick video interview I did with Forbes on the subject on Tuesday afternoon:
Source: Forbes Video
UPDATE September 13, 2005 1:37pm
BTW, the coolest thing about the offices were the interview took place was Malcolm S. Forbes' Motorcycle -- right in the office waiting area!
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i first heard your opinions on the "radioeconomist" interview that you did a few weeks ago. it was refreshing to finally hear someone in The Business that i could relax and enjoy because everything made sense. in 1999 i got a job at the pacific exchange to learn how to trade options so that i could make leveraged gains on the inevitable market crash, i was truly surprised to find that 99% of the people that worked there, trading in the pits, making markets, could not the the inevitable coming. there was one guy that i met that reminds me of you, everything made SENSE, whether i disagreed with this that or the other, the underlying assumptions were based in reality. now, all these years later, i realize that i shouldn't be surprised that the vast majority of ink spilled and air wasted is not 'tradable' information. now i focus on that one percent, the needles in the haystack, my concensus posse, and i'm so glad that you are able to speak publicly as you do. thanks.
Posted by: blue | Oct 13, 2005 11:08:19 AM
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