May’s PPI declined by 0.2%, yet revisions show higher wholesale price increases since January.

Lol, of course they revised the PPI numbers to be worse for the last four months in a row. Of course they did.

The headline is all that they need today to make the markets go green.

They’ll tell you the truth two months from now.

— Uncle Milty’s Ghost (@his_eminence_j) June 13, 2024