Modified Misery Index: Now at All-time Highs

By Paul Kedrosky · Wednesday, October 29, 2008 ·

The Peterson Institute has brought back the “misery index”, a combination of the inflation rate and the level of unemployment, and added to it a measure of asset price declines. The upshot? The modified misery index is now at record highs:

misery-index

[via PI]

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