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CERF Economists Win National Honor – Again | San Fernando Valley Business Journal


California Lutheran University economists Matthew Fienup and Dan Hamilton have received the Zillow Home Price Expectations Survey’s 2020 Crystal Ball Award the second year in a row the duo has been recognized on the national stage.
Fienup and Hamilton work at Cal Lutheran’s Center for Economic Research and Forecasting in Westlake Village. The Center’s U.S. housing market forecast was among the top three in accuracy of more than 100 reports included in the survey.
“At CERF, our goal is to provide objective, clear-eyed forecasts that reflect what economic theory and state of the art forecasting tools reveal. We see our role as one of calling balls and strikes, rather than advocating for a preferred outcome,” Fienup said in a statement. “The 2020 Crystal Ball award is validation of that approach.” ....

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February 2021 CPI: Year-over-Year Inflation Rate Now 1.7%


z cpi1.png
As a generalization - inflation accelerates as the economy heats up, while the inflation rate falling could be an indicator that the economy is cooling. However, inflation does not correlate well to the economy - and cannot be used as an economic indicator.
Gasoline was the major influence on the CPI:
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in February on a seasonally adjusted basis after rising 0.3 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.7 percent before seasonal adjustment.
The gasoline index continued to increase, rising 6.4 percent in February and accounting for over half of the seasonally adjusted increase in the all items index. The electricity and natural gas indexes also increased, and the energy index rose 3.9 percent over the month. The food index rose 0.2 percent in February, with the index for food at home and the i ....

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Queen's Principal Issues Statement following Racist Zoom Hack of Lecture


Queen s Principal Issues Statement following Racist Zoom Hack of Lecture
February 3 2020.  Queen s University Principal and Vice Chancellor Patrick Deane issued a statement following a racist zoom attach that took place on February 2nd during a guest lecture from Yale Professor Dr. Kathryn Lofton at the School of Religious Studies.  
Dr. Lofton s lecture  entitled “The Present Life of Blasphemy: Kanye West in American Popular Culture,” occured over Zoom on February 2nd and discussed the career of the American rapper, songwriter, record producer, entrepreneur, and fashion designer as an instance in the longer history of blasphemy. The event was not part of course curriculum though students from RELS163 attended, and the lecture  was a free event posted on the Queen s University Events Calendar.   ....

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