Media Appearance: Kudlow & Company (12/14/05)
When it rains, it pours:
Another appearance on Kudlow & Company tonite, from 5:00 to 6:00 pm. Its for most of the show.
More of the same as last time: why this is hardly a Goldilocks Economy, and the issue of Headlines versus Underlying Data: weak jobs creation, Retail Sales, Inflation, GDP, Retail Sales, Bankruptcy, Real Estate, Savings Rates, Yield Curve, Account Balances, etc.
Once again, I am the realist/Bear, along with Paul "He ain't no Maestro" McCulley" and Bullish commentator Don Luskin.
Wednesday, December 14, 2005 | 02:45 PM | Permalink
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Regarding 'Headline vs. underlying data', have you made the case to Kudlow et al. of how the method used to measures housing costs (ie, rents) distorts the CPI downward? It is a large chunk of core CPI.
Posted by: Algernon | Dec 14, 2005 3:28:02 PM
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