All Posts Tagged With: "oil prices"

Which Is the Best Inflation Indicator: Gold, Oil, or the Commodity Spot Index?

This column developed out of a running debate I’ve had with the editors of the Wall Street Journal and the New York Times. In the financial news, the Times highlights the price of oil as the best indicator of commodity prices and inflationary expectations. The front page of the Wall Street Journal publishes nine prices and indices, including oil and the Dow Jones Commodity Spot Index, to reflect activity in the financial markets.

1Feb1997 | | 0 comments | Continued
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