Hi edamo jr..Re:. In the inflation data, do they (ever) include things such as computers, books, cds, electronic gadgets, BROKER COMMISIONS, etc
Here's what's included in the CPI.
stats.bls.gov
Also, they list some of the following categories here.
stats.bls.gov
The CPI market basket represents all the consumer goods and services purchased by urban households. Price data are collected for over 180 categories, which BLS has grouped into 8 major groups. These major groups, with examples of categories in each, are as follows:
• Food and beverages (ham, eggs, carbonated drinks, coffee, meals and snacks);
• Housing (rent of primary residence, fuel oil, bedroom furniture);
• Apparel (men's shirts and sweaters, women's dresses, jewelry);
• Transportation (new vehicles, gasoline, tires, airline fares);
• Medical care (prescription drugs and medical supplies, physicians' services, eyeglasses and eye care, hospital services);
• Recreation (television sets, cable TV, pets and pet products, sports equipment, admissions);
• Education and communication (college tuition, postage, telephone services, computer software and accessories);
• Other goods and services (tobacco and smoking products, haircuts and other personal care services, funeral expenses).
Maybe you can suggest additions to the list. <g>
.it appears to me that the long-bond at 6% is overdone...
I heard the market loves excesses.<vbg>
Cheers,
Lee |
