Core inflation is back on the rise, and this is a trend we can’t ignore. With economic growth forecasts slipping, this kind of data paints a bleak picture for what’s to come. This isn’t a simple uptick; it’s a warning signal. We’re looking at the possibility of stagflation becoming a serious concern by 2025. Rising inflation with stagnating growth is the classic recipe for economic misery, and it’s starting to simmer right under the surface.
BREAKING: February PCE inflation, the Fed's preferred inflation measure, was 2.5%, in-line with expectations of 2.5%.
Core PCE inflation RISES to 2.8%, above expectations of 2.7%.
January Core PCE inflation was also revised up to 2.7%.
Core inflation is back on the rise.
— The Kobeissi Letter (@KobeissiLetter) March 28, 2025
Magnificent 7 ➡️ Miserable 7
A classic textbook breach, backtest, and resumption depicted.
Beautiful to watch.
Bull market is over; few understand this. pic.twitter.com/dBpvj4xyFn
— The Great Martis (@great_martis) March 27, 2025
https://twitter.com/leadlagreport/status/1905604686813499613
How can the Fed do anything but hold rates steady with the data showing no progress on inflation?
If anything coming in slightly hotter.
And this is BEFORE tariffs.
— QE Infinity (@StealthQE4) March 28, 2025
So with core inflation in March coming in at .4% we are now running at over 4% in Core inflation annualized.
— QE Infinity (@StealthQE4) March 28, 2025
https://twitter.com/leadlagreport/status/1905638325228048403
Gold hit another record high, above $3,080. Meanwhile, millions of young Americans are allowing this train to pass them by as they fixate on Bitcoin instead. By the time gold hits $5K, they'll likely ride Bitcoin down to $10K, a 95% decline from its 2021 peak priced in gold.
— Peter Schiff (@PeterSchiff) March 28, 2025