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Todd Wacker's avatar

As unemployment remains low, and inflation elevated (though decelerating), should we pause all of our recession fears and enjoy the expansion of the economy?

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DavidHartman00's avatar

Hello. I have a question about the good/bad of the last inflation numbers. Two questions actually - both related to natural gas.

Q1) I see that the cost for heating of natural gas was the highest (or one of the highest) inflationary items. If we removed this item from the inflation index (I think it's called the CCI?) how would we have faired?

Q2) For my personal gas bill jumped from $24 Dec-2022 to $76 Jan-2023 even though I have (almost) consumed the same amount of fuel (I live in Southern California). Further, I own shares of natural gas in my portfolio (UNG to be exact). And on the commodities market, natural gas, like UNG is at an all time low (I looked back to 2010). What causes such a disconnect between the cost to the consumer to heat their home and the price on the commodities market that can explain such a gross increase as 300%?

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