Gold and the Misery Index
Gold and the Misery Index The divergence between gold and the misery index is widening. Image: BofA Global Research
Gold and the Misery Index The divergence between gold and the misery index is widening. Image: BofA Global Research
The Misery Index – Unemployment plus CPI Inflation The Misery Index is nowhere near its 1970s level. Are stagflation fears overblown? Image: J.P. Morgan Asset Management
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 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.