After posting the updated Misery Index some readers expressed their dissatisfaction with the amount of misery in the US economy so we thought a different perspective might fulfill this masochistic need for more misery. Lance Roberts, the CEO of StreetTalk Advisors, kindly sent over this chart. It takes the traditional Misery Index and the Misery Index from John Williams of ShadowStats (who uses the old calculations for CPI) and averages the two. The output: MORE MISERY! Hooray!
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.