WoodyCare Disaster

65
Fri, May 22, 2015 - 11:17am

After last week's PPI, we thought that the CPI would come in flat, too. WRONG! Of course "producer" prices are down. The US economy is dead. But "consumer" prices are rising. Why? The WoodyCare Act is causing healthcare prices to rise, not fall. Wow. A government program that is doing the opposite of what we were sold told it would do. There's a stunner!

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Key Economic Events Week of 2/11

2/12 12:45 ET GCP speaks
2/13 8:30 ET CPI and three Goon speeches
2/14 8:30 ET Retail Sales (December)
2/14 8:30 ET PPI
2/15 8:30 ET Import Price Index
2/15 9:15 ET Cap. Util. & Ind. Prod.

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2/5 8:30 ET Trade Balance
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2/5 9:00 pm ET Trump SOTU
2/6 8:30 ET Productivity and Unit Labor Costs
2/6 7:00 pm ET CGP speech
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Key Economic Events Week of 1/28

1/29 10:00 ET Consumer Confidence
1/30 8:30 ET Q4 GDP first guess
1/30 2:00 ET FOMC fedlines
1/30 2:30 ET CGP presser
1/31 8:30 ET Personal Inc, Cons. Spending and Core Inflation
1/31 9:45 ET Chicago PMI
2/1 8:30 ET BLSBS
2/1 9:45 ET Markit Manu PMI
2/1 10:00 ET ISM Manu Index
2/1 10:00 ET Construction Spending

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