Asset inflation is often fueled by abundant money supply, which is why Wall Street incessantly clamours for it at the lowest interest rate possible in order to maximize its arbitrage

Asset inflation is a sustained, nominal increase in the market prices of financial and capital assets—such as stocks, bonds, real estate, gold, and derivatives—rather than everyday consumer goods and services.

Unlike consumer price inflation, asset inflation is not tracked by the Consumer Price Index (CPI) and is not a component of Gross Domestic Product (GDP). 

It is often fueled by low interest rates, abundant money supply, or cheap corporate and investor borrowing rather than direct production increases.

Rising asset values increase household net worth for owners (particularly higher-income groups), which can indirectly drive spending and fuel broader economic pressures.

Because asset prices can disconnect from underlying economic fundamentals or production capacity, sharp run-ups frequently carry the risk of a market correction or crash.

Just because it's a Tuesday, a lousy Tuesday.

 

 

  

 

In all the hullabaloo about the GOP election loss, I have yet to hear anyone point to Trump's repeated promises in 2024 to halve Americans' energy bills and his spectacular failure to do so

It's like The Love That Dare Not Speak Its Name.

IYKYK.

 

Like Social Security taxes and food prices, energy costs are highly regressive.

That's a fancy word meaning that when they go up they impact you more if you don't make much to begin with.

Electricity prices are up 8% since Election 2024, not down 50%.

The price of natural gas to heat your home is up 13.7% since Election 2024, not down 50%.

The price of gasoline is up 40% since Election 2024, not down 50%.

Yes, there's been lots of talk about high gasoline prices, but not about Trump's incredible promises to halve them, as in to $1.59/gallon. 

I don't care if it was dumb for Trump to promise such price reductions. He made the promises repeatedly, and deserved everything he got and more a week ago for failing spectacularly at it.

If you think Democrats are going to do what Trump couldn't, however, well, you'll deserve what they give you, good and hard.

 

10-year trend for consumer price inflation remains higher in October 2026

The respective unrounded seasonally adjusted percent change monthly figures are 0.35% for overall cpi inflation and 0.29% for core cpi inflation in October 2026.

 

In September 2026 the year over year figures are 3.71% and 2.56% respectively. Year over year figures for October 2026 are not available because of the absence of data collection during the government shutdown last year. 

 

The 43-day government shutdown last year was over Democrats' insistence that ACA emergency premium subsidies from 2021 during the pandemic be continued despite the end of the pandemic.

 

They were not continued, underscoring Obamacare's expensive inadequacy. 

 

 

Consumer prices rose 0.4% in October, more than expected, complicating Fed’s inflation fight

 

The consumer price index rose a seasonally adjusted 0.4% in October, more than expected, the Bureau of Labor Statistics reported Tuesday.

 

The core CPI, which strips out volatile food and energy costs, increased 0.3%. That was also more than expected. 

The BLS did not estimate a yearly inflation rate, as last year’s government shutdown prevented the bureau from collecting data. ...

 

One week after Election 2026 19 U.S. House races remain uncalled, 2 in the U.S. Senate

House:

 

AK-at large

CA-4

CA-7

CA-23

CA-40

CO-4

FL-27

LA-5

LA-6 

ME-2

MN-1

NC-3

NC-5

NC-7

NC-8

NC-10

NY-1

NY-2

TN-4

 

Senate:

 

AK

MS