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The First Step: Overcoming Denial

 

Faith

JACKSON HOLE, Wyo. -- Hey. Forgot to mention something at the end of last week.

Spot the Trend
The CIBCR Leading
Inflation Index
1999
July 5.7%
June 4.7
May 4.4
April 2.9
March 2.2
1998
December 1.2%
November 0.9
October (0.9)
January (4.4)
Source: Center for International Business Cycle Research
The Center for International Business Cycle Research always releases its leading inflation index on the same day the employment numbers are reported; July figures hit on Friday. They, along with the recent performance of the LII, appear in the accompanying table. ...

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