A favored Federal Reserve index fails to filter out petroleum’s impact
It varies across goods and services and can be blunted by monetary policy
Unlike in past cycles, factory jobs are showing strength ahead of expected downturn
Lenders financed expansion in some markets, offsetting problems in others
The populist model, embraced by some on the American left, resembles policy that helped torpedo some smaller economies
What happened when the Argentine government lied about inflation numbers?
Adjusting for inflation — and, crucially, for taxes — shows bond investors fare better than they might think