Kansas City MSM Fights Legit Fear Of Inflation & Recession

Just a quick note for our most loyal readers . . .

MOST KANSAS CITY FINANCIAL NEWS IS SO UNDENIABLY POLITICIZED AND BIASED THAT IT'S ABSOLUTELY USELESS!!!

Tonight's exemplar . . .  A quick quote from a local "corporate expert" and better resources after the jump . . .

"We may have reached the peak of inflation. We hit a high of 9.2% at the beginning of 2022, and now we are at 7.1%. Inflation is still high but has eased on energy and shipping rates, but not on agricultural products, such as the price of eggs that spiked due to the bird flu. Luckily the bird population replenishes itself in 36 days, so prices will drop quickly."

Read more from this bit of reassurance via www.TonysKansasCity.com link . . .

Peering into the future and how Kansas City fared in comparison with the U.S. economy in 2022

By Colette Panchot What follows is an edited version of a January 11, 2023, interview with local economist Chris Kuehl. Kuehl is the managing director and cofounder of Armada Corporate Intelligence, which provides corporate intelligence gathering, economic forecasting, and strategy development. He was also a professor of economics and finance for 15 years.

That's a nice theory from the "newspaper" that's basically the mouthpiece run by former KC Councilman John Sharp . . . 

However . . .

Some of our best readers already do this  . . .

We advise readers to branch out and find better financial resources. The KC Biz Journal is probably the best local source but they're often pressured to pay the bills like us all . . .

Instead . . .

START your own research with some of these publications that are densely packed with info that can be hard to understand at times but provide FAR MORE MARKET ANALYSIS THAN CROOKED KC NEWS SOURCES THAT NEVER STOP TELLING READERS TO KEEP BUYING & EATING . . .

Powell Is Determined to Drive Down Wages. What Else Is at Stake.

About the author: J.W. Mason is a professor of economics at John Jay College, City University of New York, and a fellow at the Roosevelt Institute. Has the inflationary fever broken at last? The headline consumer price index fell in December. Other measures show a similar slowing of price growth.

This Recession Indicator Has Been Foolproof for 70 Years: Here's What It Says Happens Next | The Motley Fool

Over long periods, Wall Street is a money machine that's handily outperformed the average annual returns of commodities like oil and gold, bonds, and bank certificates of deposit. But on a year-to-year basis, the stock market can be somewhat of a crapshoot, as investors found out last year.

Economy Is Improving, but Recession Risk, Inflation Still Hover - NerdWallet

The latest bevy of government data shows prices are declining, wage growth has slowed and people aren't spending like they used to. By all appearances it seems inflation is, indeed, being tamed. But at this point it's still uncertain whether the U.S. is in the clear or instead glimpsing a recession on the horizon.

Developing . . .