If you go back to say 2013 and consider the until this year, the reasons why inflation was low are not hard to understand its a combination of slack in the labor market, declines in Energy Prices and strong dollar that pulled down import price inflation. So, whats important in determining inflation Going Forward is Inflation Expectations by some by many of professional forecasters those have been rock solid we do also look at Household Expectations which have come down some. Marketbased measures of inflation compensation as we mentioned in the statement, they have declined, and they have been snabl recent months, but they have declined to levels that are low by historical standards. That might suggest that Inflation Expectations have come down, but, when cant get at clear read, there are risk built in to inflation compensation that make it impossible to extract directly with Inflation Expectations are so, you know, there is a miss this year. I cant say i can easily point to a sufficien
Kayla tausche is live back at post nine with jon fortt, and also joining us is a contributor from vanity fair nick billiton. And we are looking at that meeting at the 2 white house with our own john harwood. We are waiting for Bernie Sanders to arrive at the white house any second, and play out the ritual any time that a party has a decisive Party Campaign which is to bring the Party Together which is crucial to win thet president ial elections in the polarized system, and begin the pivot to the general election, and Hillary Clinton has of course won the democratic no, maam nas, and beat Bernie Sanders sound ly in california, and has a lead in the pledge delegate, and the popular votes and superdelegates as well, but it is a difficult process for somebody like Bernie Sanders who has enjoyed the cheers of the crowd for months now to back out of the race now, and turn it over to the rival. Hillary clinton managed to do it eight years ago successfully with president obama, and he has been
But did it from computers that had tiny market share. The iphone is the trail blazers in smartphones and touch screen devices. Currently there are two ways to get information off this device, the screen and the headphone port. The lightning connector, too. You take one of those and youve dramatically reduced the number of ways you can interact with the device, a square reader, microphone, any number of devices. Will they end up being right in the long term . Maybe. But big deal. I just dont get it. This is a very evolutionary update. Why do the phone port now . Why not do it with a bigger revolutionary update when theres a clear quid pro for the consumer. I think in the long run theyll do fun. Some of the Product Companies i would argue like it. Square says it drives merchants to drive the higherprice new touchless reader. There are some companies, beats included, that might actually benefit from this. Im sure there is an element of builtin object so lessens. Remember the mac drive air
Eastern time, italian unemployment 37year high and more signs of euro zone reflation. Shopper trak out with the first wide scale read on the Holiday Shopping season and its a mixed picture for november and december, instore foot traffic at the nations retailers fell 14. 6 compared to the year prior but instore sales grew at 2. 7 . Slightly hopper than what shoppertrak had forecast. The main reason for the traffic plunge they say is that. Shoers are making fewer store visits than in the past because most window shopping and browsing is done online ahead of time, so the shoppers that are making the Shopping Trips are going with intended purchases in mind. Black friday was indeed the strongest day for brick and mortar retailers both for sales and traffic. Then there was a large lull until the lastminute panic kicked in. The week ending december 28th accounted for four of the top ten sales and traffic days for the entire Holiday Season. When it comes to categories shoppertrak says electron
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