No. 855: November CPI, Real Retail Sales and Earnings, FOMC and the U.S. Dollar and Gold
November 2016 Annual Inflation Firmed by Another 0.1%, with
CPI-U at 1.7%, CPI-W at 1.5% and ShadowStats at 9.4%
November Inflation-Adjusted Retail Sales Fell by 0.12% (-0.12%) in the Month,
Year-to-Year Growth of 2.02% Generated an Intense Recession Signal
Real Earnings Fell for Fourth Straight Month in November,
On Track for a Fourth-Quarter Contraction
FOMC Rate Hike and Prospective Further Rate Increases
Face Massive Hurdles from Intensifying Economic Weakness that
Will Stress Systemic Liquidity and Solvency
U.S. Dollar Is Particularly Vulnerable Now to Unexpected Economic Deterioration
Market Upheaval and Dollar Doom Remain Likely in 2017
Due to a Still-Dysfunctional and Deceptive Federal Reserve