There’s been growing chatter that weakening air travel signals economic trouble ahead. But when you dig into the TSA data, the story looks quite different. Here’s why it matters: Airline travel is one of the clearest forms of discretionary spending — whether for business or leisure. People typically fly because they choose to, not because […]
CPI came in cooler than expected again today — the fifth consecutive month where monthly inflation has surprised to the downside. That’s undoubtedly welcome news for consumers and markets alike. But it’s important to keep perspective: inflation is cumulative. Month-over-month figures only compare today’s prices to last month’s — not to where we were a […]