Tuesday, June 12, 2018

CPI inflation forecast from 2017 still going strong

I made a forecast of CPI (all items) that I've been tracking since 2017, and it's still doing fine with the latest data (showing the ending of "lowflation" in the wake of the Great Recession due to a drop in labor force participation):



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Update

I'll throw in this S&P 500 forecast comparison with the latest data for absolutely free:


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Also, try to avoid the use of dollar signs as they interfere with my setup of mathjax. I left it set up that way because I think this is funny for an economics blog. You can use € or £ instead.