How Inflation Could Be 66% Higher Than the Fed Reports

The Fed’s next consumer price report out Thursday is likely to show a scant 0.3% rate in January. So why does it feel like prices everywhere are climbing noticeably? A different way of measuring inflation from MIT’s Billion Pri…

Why Gold Has Been Knocked Off Its Highs

Friday’s action notwithstanding, in which gold prices rose as the stock market sold off, safe-haven assets are suffering at the expensive of equities and other riskier assets. That’s what happens when the global economy appears…