Gold and the Misery Index

Gold and the Misery Index The divergence between gold and the misery index is widening. Image: BofA Global Research

U.S. Misery Index (Unemployment Rate + Core Inflation)

U.S. Misery Index (Unemployment Rate + Core Inflation) The misery index is an economic indicator, created by economist Arthur Okun. Because both inflation and unemployment are very low, the U.S. misery index (unemployment rate + core inflation) is approaching all-time low. That’s good news for Americans, because it brings stability to the life of the…

U.S. Misery Index and Average Forward Returns

U.S. Misery Index and Average Forward Returns The U.S. misery index (core inflation + unemployment) is approaching all-time low, because both inflation and unemployment are very low. Historically, average forward returns have been higher than the overall S&P 500 average.