Commodities have been non-stop higher

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Markets have now fully priced in another FOMC pause next week. Even though commodities have been non-stop higher since the last pause and GDP Now is at a decade high post-pandemic.

Likely they update the dot plot to show more rate hikes this year.

CPI Wednesday. pic.twitter.com/y1vQ9jkOlq

— Mac10 (@SuburbanDrone) September 11, 2023

#gasoline on the verge of a major leap higher. Not going to be good for the inflation is over group pic.twitter.com/B7VTpZsLvT

— Michael J. Kramer (@MichaelMOTTCM) September 11, 2023

Oracle is imploding after hours.t.co/KRwv4eT5sa

It was the last major Tech stock to peak in 2021 as well. pic.twitter.com/z4j4KLYSUp

— Mac10 (@SuburbanDrone) September 11, 2023

See also ‘Bidenomics’ Is Failing Everyday Americans: The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.

See also Bidenomics In 3 Charts! Net Cash Farm Income Growth Negative, Office Vacancy Rate Now Higher Than Financial Crisis, 19% Growth In Federal Debt And $194 TRILLION In Unfunded Liabilities (WEF’s Klaus Schwab Approves Biden’s Message!)

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