Ironsides Macroeconomics 'It's Never Different This Time'

Ironsides Macroeconomics 'It's Never Different This Time'

Ironsides Macroeconomics 'It's Never Different This Time'
Ironsides Macroeconomics 'It's Never Different This Time'
Correlation is Key
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Correlation is Key

Low correlation of prices, earnings, and inflation are evidence of tight fiscal and monetary policy, as is weak demand for labor
Barry C. Knapp's avatar
Barry C. Knapp
Aug 11, 2025
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This is an audio summary of our August 9 note, Correlation is Key

Figure 2: Correlation does not prove causation, but if correlation is high chances are high that policy is boosting inflation, right now the opposite is true.

Barry C. Knapp

Managing Partner

Director of Research

Ironsides Macroeconomics LLC

908-821-7584

bcknapp@ironsidesmacro.com

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