ISM manufacturing prices paid index spiked to 84.6 points in April, a 4-year high.
Over the last 3 months, prices paid have SKYROCKETED over 20 points, marking one of the biggest spikes in history.
Meanwhile, the employment index dropped to 46.4 points, the lowest level in 2026.
Employment has now been contracting for 15 months STRAIGHT.
This is all despite ISM manufacturing PMI sitting above 52 for 4 months (exceeding 50 = expansion).
Stagflation remains the biggest risk for the economy.
‼️Stagflationary pressures are building in the US manufacturing sector:
ISM manufacturing prices paid index spiked to 84.6 points in April, a 4-year high.
Over the last 3 months, prices paid have SKYROCKETED over 20 points, marking one of the biggest spikes in history.… pic.twitter.com/rSCJQ4OMlx
— Global Markets Investor (@GlobalMktObserv) May 3, 2026
Powell: "Energy hasn't even peaked yet, and we'd want to see the backside of that and progress on tariffs before we even thought about reducing rates" pic.twitter.com/g8RUVPQEzk
— unusual_whales (@unusual_whales) May 4, 2026
WHAT IS HAPPENING IN U.S. BOND MARKET.
The US 2 Year Treasury yield just swung from 4.315% to 3.923% in a single candle twice.
That is not normal market movement.
That is either a massive algo error, a flash crash, or someone with an enormous position being forcibly… pic.twitter.com/wfwPe9V8i0
— Bull Theory (@BullTheoryio) May 4, 2026
OIL INVENTORIES CRASHING TOWARD OPERATIONAL FLOOR: DEPRESSION WARNING FOR SEPTEMBER
Analysts talk about massive global oil inventories sitting in tanks and reserves. But JP Morgan data reveals a critical reality almost no one is discussing: you cannot run the system to zero.… pic.twitter.com/yNwYgKt51F
— Mark (@Mark4XX) May 4, 2026
SIX OUT OF TEN PEOPLE WORRIED ABOUT AFFORDING GROCERIES IN THE PAST MONTH: LENDINGTREE
— First Squawk (@FirstSquawk) May 4, 2026