• Steve H. Hanke
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    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Today's Economic Data Docket - Initial Claims, PPI And More Fed Speech-Induced Confusion

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Thu, 04/14/2011 - 07:30 | 1168137 Sudden Debt
Sudden Debt's picture

Table 2 just ordered a Smokescreen



Thu, 04/14/2011 - 07:31 | 1168139 oogs66
oogs66's picture

Is it just me, or have more and more Fed speakers started to argue that you cannot have inflation without wage inflation?  Maybe I'm just paying more attention, but it seems that in the past 2 weeks, the doves are trotting out this argument? 

Thu, 04/14/2011 - 07:43 | 1168149 Sudden Debt
Sudden Debt's picture

right. We can't have inflation untill they so.

It's like the wise saying that says:

I you fool around in another timezone, it's not cheating.

and as they are now living on another planet...



Thu, 04/14/2011 - 07:53 | 1168170 oogs66
oogs66's picture

next time zone?  damn, I thought it wasn't cheating if it was another town, I might be in trouble

Thu, 04/14/2011 - 10:38 | 1168652 Bicycle Repairman
Bicycle Repairman's picture

If your plan is to lower living standards 30%, then you can have 6 years or so of 5% inflation without wages budging an inch.

If this bothers you, please write your Congressperson.

Thu, 04/14/2011 - 07:34 | 1168141 tek77blu
tek77blu's picture

good commentary on the cheap, cheap levels of uranium stocks after japan crisis: http://www.youtube.com/watch?v=f-EkkhJi9VY

Thu, 04/14/2011 - 07:39 | 1168146 Cdad
Cdad's picture

"Bahrain to seek court approval to dissolve main Shiite opposition party - State news agency via Reuters"

Tyler, I only see the headline so far, but thought you might be interested.



Thu, 04/14/2011 - 07:49 | 1168151 Cdad
Cdad's picture

Oh shit, Tyler!  Never mind about Bahrain.

"Apple Suppliers Begin Making White iPhones"

We all know what it means.  It is now truly time to stock up on ammunition and whiskey.  Might want to invest in a machete, too. 


"Apple Chief Executive Steve Jobs first unveiled the white version of the smartphone when the iPhone 4 was launched in June last year, but it has been delayed because of a manufacturing issue that the company has not elaborated on."

Everyone knows that the white iPhone will be the cause of people everywhere suddenly developing a curious penchant for human flesh.  Watch those headlines, "Man bites _________." 

Stay out of malls and steer clear of  5430 LBJ Freeway, Dallas, TX 75240

"TiO2 is an inorganic pigment used to impart whiteness, brightness and opacity for products, such as coatings, plastics, paper, fibers, food, ceramics and cosmetics. In addition, TiO2 has resistance to interaction with other chemicals, thermal stability and resistance to ultraviolet degradation. The Company ships TiO2 to its customers in either a powder or slurry form via rail, truck or ocean carrier." 

Uh huh...sure.

Sell KRO and, of course, AAPL.

Prepare for the zombie apocalypse, my ZH brothers.  Hell of a world.



Thu, 04/14/2011 - 08:07 | 1168202 Cdad
Cdad's picture

And if Bahrain and the coming zombie apocalypse are not enough for you, plus the China property bubble pop, this morning DC reveals that it has opened a new front on the war against bankers.  This ought to be good.

War on bankers, bitchez!


Thu, 04/14/2011 - 08:18 | 1168230 Strategery
Strategery's picture

That's right. Money laundering through the primary dealers.

Thu, 04/14/2011 - 08:29 | 1168256 oogs66
oogs66's picture

How are they going to spin this data as positive?  412K

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