Bond Vigilantes: They’re Back!

(1) Inflation tantrum in bond market. (2) Protesting fiscal and monetary excesses. (3) Five recent taper tantrums in the stock market. The latest one is Panic Attack #69. (4) The Carville memo. (5) Powell’s conundrum. (6) What to do about rising bond yields? Fed has three choices. (7) Is Powell cooling off to more fiscal stimulus? (8) The case for a transient pickup in inflation. (9) The Age Wave is still disinflationary. (10) Prices-paid indexes are soaring. (11) Hard to see the whites of inflation’s eyes in consumer prices, so far. (12) Movie review: “The United States vs. Billie Holiday” (+ + +).