The CPI was better than expected but sticky data is problematic.
Six CPI Food Categories Month-Over-Month
Month-Over-Month Food Details
- Food at Home: +0.0 Percent
- Food Away from Home: +0.4 Percent
- Meat, Fish, Poultry, Eggs: +1.6 Percent
- Dairy: -1.0 Percent
- Cereals: +0.4 Percent
- Fruits and Vegetables: -0.5 Percent
- Nonalcoholic Beverages: +0.0 Percent (the 2.2 was last month)
The price of eggs rose 15.2 percent last month and another 10.4 percent this month.
Food is 13.68 percent of the CPI. Eggs are only 0.2 percent.
CPI Food at Home vs Away from Home Year-Over-Year
CPI Food Categories Year-Over-Year
Food Details Year-Over-Year
- Food at Home: +1.9 Percent
- Food Away from Home: +3.7 Percent
- Meat, Fish, Poultry, Eggs: +7.7 Percent
- Dairy: +0.8 Percent
- Cereals: +0.3 Percent
- Fruits and Vegetables: -0.2 Percent
Food away from home is understated if you include suggested tip rates that are soaring out of sight.
Please get a freezer if you don’t have one and buy what is on sale and store it.
For seniors, Albertsons and Safeway offer 10% off on the first Wednesday of every month, and that is on top of what is on sale. Take advantage. We save hundreds of dollars this way.
The CPI Is a Bit Better than Expected in February on Decline in Gasoline
Yesterday, I commented The CPI Is a Bit Better than Expected in February on Decline in Gasoline
Economists expected a 0.3 percent rise and the BLS reported 0.2 percent, as gasoline prices fell 1 percent and airline fares fell 4 percent.
But shelter rose 0.3 percent, and it is sticky. Gasoline and airline fares aren’t. Moreover, falling gasoline and airline fares go hand in hand with an economic slowdown.
Looking closer at energy, the price of electricity was up 1.0 percent and natural gas 2.5 percent. So this was not at all a great report.
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There was a great article on restaurants (food away from home). Restaurant productivity has skyrocketed after 30 years of being flat. The cause is people shifting away from dining at the restaurants to take out / home delivery.
https://www.americanactionforum.org/daily-dish/a-lesson-from-restaurants-and-productivity/
Blood test : triglycerides, glycohemoglobin (A1C), C- Reactive and homocysteine to check your brain.
I save 20 to 40% when dining at home, simply by not tipping myself for a great home made meal, then there is the UberEatz fee I save as well.
The Inflate or Die crowd loved the pandemic and excuses to expand increases across the board. So terrific, now the US consumer is tapped out for good and record drawdowns in 401k to keep things running. Increasing prices was always the intention of the Biden admin, who colluded with industry to destroy the engine of the US(middle class.) Destroying the supply chain and free commerce started with Biden
I’ll have the meat and potatoes please. Hold the meat.
Food prices must go much higher. When obesity rates decline entertain lowering them.
its not just portion size,its the types of food, even store bought bread contains corn syrup, sugar or artificial sweeteners like sucralose etc.
That saying about shop at the edges of the grocery store is true. Vegetables, nuts, meat, dairy all much better than the frozen foods and prepackaged.
Obesity is a function of hormonal inbalances caused by stress,poor food, bad water,sugar laden beverages, and low physical effort, such as binge watching and gaming.
a life of doritos,twinkies,coca cola and video games/streaming is a path to obesity.
actually obesity is caused by an overactive knife and fork.
I am addicted to donuts and cakes since birth. I try to avoid cereal and bakery as much as I can. They contain: sugar, emulsifiers, corn syrup, sweeteners, artificial coloring and other chemicals. They are ultra processed food. Hemoglobin transfer oxygen to the heart and the cells. When glucose mate with hemoglobin u get Glycohemoglobin, or AbA1C (A1C blood test).Glucose and insulin inflame blood vessels. If your arteries are semi clogged + AbA1C ==> u inhibit oxygen from your heart and y cells. If u eat the right stuff all week, but on Fri u eat two donuts u scr*d the whole week. Sound radical, but it’s true. Oxygen is more important than visceral fat. Without it u are dead.
fasting a couple days of the week will reset your glucose intolerance. we simply aren’t built for a life of sugar endlessly.
Doughnuts, I used to love them. but the quality has gone to hell. Used to love me a good Amish bakery back in the day. The chain stores etc are shadows of a decent pastry. I can’t complain it makes it much easier to refrain from indulging.
Fasting 2 days in a raw have to be supervised, Fasting (no water) Fri/Sat once a week, or a once month, is good enough to cleanse toxicity from your body. When the fasting end drink water with lemon. I flipped from 6/18 to 8/16 to end the day with a third salad and to avoid cheating. 3 salads/day: raw/ steamed crucifiers, lettuce, home made fermented pickles/cabbage with ginger in a jar, tomato, red onion, garlic…Grind 30 times in order to release their enzymes into the saliva network that flow from the mouth to the guts. Don’t kill the good, the bad bacteria and ugly fungi – in your mouth.
I’ve been fasting 3 days a week for a year. I supervise myself. I’m healthy as an American can be. basically all my bloodwork is normal, though before fasting my sugar wasn’t what it should be.
water,tea, coffee (black),salt water (minerals, electrolytes – celtic sea salt). eat pretty much what I want, the other 4 days of the week.
i’ve lost 45 lbs, another 15 or so to go..
3 day fast gives you glucose intolerance reset, and aptosis/autophagy to clean up your aging cells etc.
if i were going to fast for a week or more i’d consider supervision, but these days its hard to find a doctor you can trust.
your diet sound interesting, you might want to try chewing a clove a couple times a day, it stimulates digestion and has lots of other benefits. The clove from clove trees, not cloves of garlic.
I get my heme iron from sardines and mackerels instead of steaks. Stress (cortisol) increases visceral fat. Heart attacks are coming from low risk areas in the veins (80%). I dump 3/5 types of beans, buckwheat, quinoa, potatoes, sweat potato, tomatoes, eggplants, zucchini… in the Instant pot. Basmati rice separately. I don’t save calories. I do kegel for man to strengthen the pelvic floor muscles and my hips. Flexibility exercises at home, 10/15 min jogging on carpet. No gym. 4/8/4 breathing keeps the air flowing. Stay away from Listerine or whitening toothpastes which kill good/bad bacteria..
Mish: Does your technical analysis tell you anything about where the major indices (S&P, Nasdaq, 10 year treasury yield) are headed over the next 18 months??
Its clear you expect TSLA to drop at least 50% from here if its to reach $140. Not sure how it gets there, but it will be shocking for many if it does.
That doesn’t happen with the rest of the market (even sans the Mag7) going sideways right?
Hoping food prices continue to drop now that the price of gas is dropping so transportation costs are less.
So good to be here, versus the standard media clickbait, which corresponds to folks at the slightest data blip saying “the sky is falling!” and “it is all the fault of [choose your favorite political demon].”
its not news, its manipulation. it becomes threadbare very quickly if you pay attention. It would be useful to have a balanced nuanced verifiable new source. I’d even pay for such a service if it ever becomes a reality.
but too dangerous for intelligence agencies to have a truly well informed populace. too hard to manipulate them.
Alright everybody – commence with the dietary recommendations…
Beer, booze, and donuts.
in moderation, along with fasting, exercize and throwing away the tv and the smart phone.
You forgot the red wine.
“Red, red wine…”