Machine Learning

WHY HAS THE MARKET IGNORED MONTHLY INCREASES IN FOOD AND ENERGY COSTS The upward path of food and energy prices has been well-documented by the U S Department of Labor and other governmental bodies The yearly changes in the Consumer Price Index for all items since 2000 The CPI for food and energy And it is apparent that the inflation rate for food and energy has been accelerating since 2005 The CPI It includes price increases for foods such as bread, milk, eggs, meats, fish and vegetables It also includes price increases for energy items such as gasoline, heating oil, natural gas and electricity The drawbacks of this methodology are that it doesn't include the often-larger price increases for grocery items such as frozen foods and packaged foods, and it doesn't include the price increases for energy services such as electricity and heating oil The CPI methodology significantly understates the total cost of food and energy items, particularly for low- and middle-income consumers the annual change