Inflation is Rising Again for the First Time since March

Breaking:

October PPI

+.2% as expected but hotter than recent trends
+.3% ex food and energy. Hotter than expected

Annualized 3.1%. Also hotter than expected 🔥

Jobless claims down to 217k. Hot as well

Bond yields up. Futures pretty flat

— QE Infinity (@StealthQE4) November 14, 2024