Capitalytics

**Regression for CPI Inflation Rate**

	Dependent variable (+/- SE):

	CPI Inflation Rate

Constant	10.896 (+/- 2.137)
	p = 0.0002^***
SP500 Stock Price Index	0.004 (+/- 0.0003)
	p = 0.000^***
US Fed Reserve O-N Loan Rate	-3.912 (+/- 0.594)
	p = 0.00001^***
Moody's AAA Curve	-6.377 (+/- 1.736)
	p = 0.003^***
Moody's BAA Curve	5.636 (+/- 1.005)
	p = 0.00004^***
Nominal GDP growth	-0.071 (+/- 0.011)
	p = 0.00001^***
Real disposable income growth	-1.582 (+/- 0.063)
	p = 0.000^***
Nominal disposable income growth	1.463 (+/- 0.058)
	p = 0.000^***
BBB corporate yield	2.630 (+/- 0.500)
	p = 0.0001^***
30-year Mortgate Rate	-4.250 (+/- 0.510)
	p = 0.00000^***
Dow Total Stock Market Index	-0.0001 (+/- 0.00002)
	p = 0.0005^***
30-year Treasury Yield	28.584 (+/- 4.604)
	p = 0.00002^***
LN_30-year Treasury Yield	-100.185 (+/- 16.869)
	p = 0.00003^***
20-year Treasury Yield	-25.677 (+/- 3.892)
	p = 0.00001^***
LN_20-year Treasury Yield	66.166 (+/- 11.986)
	p = 0.00005^***
LN_1-month Treasury Yield	1.981 (+/- 0.320)
	p = 0.00002^***
LN_7-year Treasury Yield	45.218 (+/- 5.605)
	p = 0.00000^***
LN_5-year Treasury Yield	6.137 (+/- 0.651)
	p = 0.00000^***
3-year Treasury Yield	-6.173 (+/- 1.376)
	p = 0.0004^***
LN_3-year Treasury Yield	-26.613 (+/- 2.730)
	p = 0.00000^***
LN_1-year Treasury Yield	6.370 (+/- 0.757)
	p = 0.00000^***
1-year Treasury Yield_2	-1.305 (+/- 0.242)
	p = 0.0001^***
3-year Treasury Yield_2	1.035 (+/- 0.232)
	p = 0.0004^***
6-month Treasury Yield_2	1.392 (+/- 0.214)
	p = 0.00001^***

Observations	40
R²	0.997
Adjusted R²	0.992
Residual Std. Error	0.225 (df = 16)
F Statistic	221.724^*** (df = 23; 16)

Note:	^p<0.1; ^p<0.05; ^**p<0.01