Geopolitics Alpha

Is the Coalition’s inflation claim against Labor fair?

Published . Updated .

Key takeaways

  • The Coalition is blaming Labor for inflation worse than the EU, the US and the UK.
  • Exposed: TIP, XLP, WMT, COST, PG
  • Market reaction: price tracking starts with the next trading session.

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Is the Coalition’s inflation claim against Labor fair?

The Coalition is blaming Labor for inflation worse than the EU, the US and the UK. But comparing apples with apples is an unappealing business when there are political points to be scored.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TIP iShares TIPS Bond ETF-0.4% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • XLP Consumer Staples Select Sector SPDR-1.1% 11d

    Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • EWU iShares MSCI United Kingdom ETF-1.8% 17d

    iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“uk”).

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eu”).

  • BWX SPDR Bloomberg International Treasury Bond ETF

    SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in the UK

  • EFA iShares MSCI EAFE ETF-0.7% 6d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes the UK

  • WMT Walmart+20.2% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • COST Costco Wholesale+14.1% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TIP+0.09%-0.20%baseafter closeafter closeafter closeafter close
XLP+0.84%+2.08%baseafter closeafter closeafter closeafter close
EWU+1.72%+3.62%baseafter closeafter closeafter closeafter close
VGK+0.86%+3.36%baseafter closeafter closeafter closeafter close
BWX-0.16%+0.37%baseafter closeafter closeafter closeafter close
EFA+1.79%+3.78%baseafter closeafter closeafter closeafter close
WMT+1.78%+2.99%baseafter closeafter closeafter closeafter close
COST-1.21%-0.66%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Is the Coalition’s inflation claim against Labor fair? Crikey

Source: Crikey

The price since 9 Nov 2026: Ishares Tr (TIP) versus the S&P 500

CompanyWhenMoveStatus
BWXthree days earlier+0.37%final price
BWXfive days earlier-0.16%final price
Costco Wholesale (COST)three days earlier-0.66%final price
Costco Wholesale (COST)five days earlier-1.21%final price
EFAthree days earlier+3.78%final price
EFAfive days earlier+1.79%final price
EWUthree days earlier+3.62%final price
EWUfive days earlier+1.72%final price
Ishares Tr (TIP)three days earlier-0.20%final price
Ishares Tr (TIP)five days earlier+0.09%final price
VGKthree days earlier+3.36%final price
VGKfive days earlier+0.86%final price
Walmart (WMT)three days earlier+2.99%final price
Walmart (WMT)five days earlier+1.78%final price
Select Sector Spdr Tr (XLP)three days earlier+2.08%final price
Select Sector Spdr Tr (XLP)five days earlier+0.84%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who is named in “Is the Coalition’s inflation claim against Labor fair?”

Companies mentioned with this story

  • TIP Ishares Tr

    Ishares Tr (TIP) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Is the Coalition’s inflation claim against Labor fair?.” Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • XLP Select Sector Spdr Tr

    Select Sector Spdr Tr (XLP) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Is the Coalition’s inflation claim against Labor fair?.” Reason on file: Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • WMT Walmart

    Walmart (WMT) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Is the Coalition’s inflation claim against Labor fair?.” Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • COST Costco Wholesale

    For “Is the Coalition’s inflation claim against Labor fair?,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • PG Procter & Gamble

    For “Is the Coalition’s inflation claim against Labor fair?,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • KO Coca Cola

    In “Is the Coalition’s inflation claim against Labor fair?,” Coca Cola (KO) is linked, with no stored direction, medium confidence. Reason on file: The Coca-Cola (beverages): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

How “Is the Coalition’s inflation claim against Labor fair?” reaches Ishares Tr (TIP)

On 9 Nov 2026, “Is the Coalition’s inflation claim against Labor fair?” is the story that connects Ishares Tr (TIP) to this story.

For Ishares Tr (TIP), the reason on file says iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

A second company, Select Sector Spdr Tr (XLP), is listed for a different reason: Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

Dates and price levels for Ishares Tr (TIP)

TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27. WMT traded between 108.59 and 130.92 across 20 sessions. The latest close on file is 129.23. XLP traded between 80.10 and 82.50 across 6 sessions. The latest close on file is 81.02.

What the saved facts support for Ishares Tr (TIP)

46 out of 100

“Is the Coalition’s inflation claim against Labor fair?” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.