Independent thinking for complex markets and current events
By Graham Summers, MBA | Chief Market Strategist Has inflation been slain? According to the official data, the answer is “maybe” at best, but most likely “no.” There are three official inflation measures in the U.S. They are: The Consumer Price Index (CPI). The Producer Price Index (PPI). Personal Consumption Expenditures (PCE). CPI has effectively …
This could explain a LOT about the November election. “The gap between economists’ measurements of economic well-being and what consumers actually said they were feeling puzzled many researchers.” Because the Fed and researchers measured the cost of living wrong. Still do. They lowered inflation in 1983 by changing the way they measured inflation. The red …
BREAKING: October PCE inflation, the Fed’s preferred inflation measure, RISES to 2.3%, in-line with expectations of 2.3%. Core PCE inflation RISES, to 2.8%, in-line with expectations of 2.8%. Core CPI, PPI, and PCE are all back on the rise. What happened to the “Fed pivot?” BREAKING: October PCE inflation, the Fed's preferred inflation measure, RISES …
I tried explaining to some liberals that his tariff threats are negotiation tactics, and it was completely lost on them. They think we are somehow tariffing ourselves or something h/t EuphoricTrilby
Even the Wall Street Journal agrees and knows change is coming. pic.twitter.com/Q8DKNU3YqF — floridanow1 (@floridanow1) November 24, 2024 Your tax dollars are paying to air-condition & heat thousands of empty government buildings 🤯 Outrageous!! https://t.co/iB2zFNtFub — Elon Musk (@elonmusk) November 23, 2024 The hiring process for federal government employees is unbelievably stupid pic.twitter.com/EgR6jBiGoh — …
by confoundedinterest17 To quote Freddie King, the US is going down. Longer-term inflation jumped to their highest since June 2008, according to the latest UMich Sentiment survey, while short-term inflation expectations dropped to four year lows… Housing sentiment (buying conditions for housing) remains depressed under Biden/Harris “Reign of (economic) error.” Here is a picture depicting the …
#inflation is "contained" Just got this in my email: pic.twitter.com/GigSEsTR6x — RealJohnGaltFLA (@RealJohnGaltFla) November 22, 2024 Some of the companies I rep for announced 9% increases starting January 1st. Ugh. — RealJohnGaltFLA (@RealJohnGaltFla) November 22, 2024
TLDR: TIME claims Biden deserves credit, not Trump, for economic success. Article ignores inflation, rising consumer prices, and debt-driven GDP growth. Wage recovery offset by prior months of disproportionate inflation growth. Consumer confidence remains weaker compared to pre-Biden levels. Energy production thrives despite, not because of, Biden’s policies. SPITS OUT COFFEE: TIME Tells Readers ‘Don’t …
Just by contracting the money supply. Step 1: Raise the cash reserve requirements of banks from zero percent back to ten percent. Step 2: Dramatically raise interest rates. I am talking about raising it to 21 percent. AC
$7 trillion is now sitting in U.S. money market funds, a record high. This happens because the fed overnight rate is close to 5% at this time, so it makes no sense for banks to park money there ONLY for them to have to pay customers the same rate. There’s no room for any profit …
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
Argentina’s inflation slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of President Javier Milei who came to power almost a year ago promising to pull Argentina out of a dire economic crisis. Argentina’s statistics agency on Tuesday reported October’s number. In September, inflation was 3.5%. On an …
Waves of restaurants across United States are closing down. Restaurants that used to be American icons and relatively affordable dining establishment. But inflation has changed all of that and these restaurants are no longer. The value they once were and customers simply are choosing higher value options or eating at home. At the same time, …
NEWS: INFLATION 2.6% CORE 3.3% Inflation is not under control & still running wild through the economy as things like: shelter 🏠is up 5%Transportation 🚗 is up 8% Food 🥖 is up 4% pic.twitter.com/sbL4RhR4Yo — The Coastal Journal (@1CoastalJournal) November 13, 2024 US Core CPI has been above 3% for 42 straight month, the longest …
To tame prices, Russia’s central bank has hiked its key interest rate to a record high of 21% last month. It said last week that it could hike its key rate again at its next meeting in December. High interest rates are irritating business leaders, who are more loudly critiquing the central bank’s policies. Sergei …
Bond yields surge despite Fed cuts, exposing weakening control over markets. The 10 year note yield is just causally up another +13 basis points today. That's +85 basis points since the Fed started CUTTING interest rates. And, no one seems to care. Why has this become normal? pic.twitter.com/zoV9TshYmG — The Kobeissi Letter (@KobeissiLetter) November 12, …
Inflation is a controversial topic among economists. They can’t always agree on the best ways to measure it, or even what causes it. They all agree on one thing, though. You’ll never believe why the so-called experts think inflation is a necessary evil… Key takeaways Inflation boosts GDP and tax revenues, benefiting governments at the …
10y inflation swaps jumped with the market Make inflation great and middle class poorer again pic.twitter.com/skURIoF9md — Alessio (@AlessioTMAD) November 7, 2024 ALERT: Inflation-adjusted S&P 500 is very over-extended This also happened in: – 1913– 1929– 1965– 1999 Some of them were strong melt-ups But the market eventually fell With at least a 60% drop …
I can’t believe she is VP and possibly going to be elected president! AC
It’s election season – which means we’re hearing a lot of talk about the economy and government spending priorities. Today we evaluate the impact of federal government debt, show you how easy it is to inflate GDP, and explain exactly how these political games are picking your pocket… We’re in an election year, and that …
The trajectory. pic.twitter.com/7x59bmBk5k — Tuomas Malinen (@mtmalinen) October 23, 2024 Why in the hell are we cutting interest rates? Honestly it’s complete insanity. The bond market hates the idea as you can see by the rising 10 year yield. Inflation is still a major problem and is not under control. — QE Infinity (@StealthQE4) October …
Even though the CPI is not a true picture for grocery items. Most Americans have seen price of milk, cereals, vegetables, poultry and meat products double in last 4 years. Yet the wage increases depict a fairly accurate picture above. So isn’t it fair to increase minimum wage to match the true inflation to atleast …
Spooked by Inflation, Americans Slash Halloween Spending … byu/Fun_Balance_1809 ineconomicCollapse According to a survey, 59% of Halloween spenders plan to cut back on purchases due to tighter budgets caused by inflation. https://www.allsides.com/news/2024-10-15-0615/general-news-spooked-inflation-americans-slash-halloween-spending
Food prices have been declining for the last 12 months and lowering inflation. But, if food prices turn, that could significantly impact all economic factors related to inflation, like the FED’s lowering interest rates plan. We check the food price charts and see that food prices could mix up a lot of plan in the …
Druckenmiller recently announced at a conference that he is shorting U.S. Treasury bonds, and these bets now account for 15% to 20% of his portfolio. https://www.fool.com/investing/2024/10/20/does-stanley-druckenmiller-know-something-wall-str/ ✅Market optimism on inflation is ‘misleading’ byu/Fun_Balance_1809 inu_Fun_Balance_1809 Inflation is not dead, it’s just resting LONDON, Oct 18 (Reuters Breakingviews) – Over the past three years inflation has gone …
Inflation by Administration. We’re not the same👇🏼 pic.twitter.com/mAxbJV2J1t — SeeingThruBS (@seeingthrubs) October 13, 2024
“Gold has quietly outperformed all year. The precious metal is up almost 40% in the past year, steadily gaining value despite the gyrations in bond yields or inflation expectations.” Gold has quietly outperformed all year. The precious metal is up almost 40% in the past year, steadily gaining value despite the gyrations in bond yields …
⚠️US FOOD INFLATION IS BACK⚠️ Food prices rose by 0.4% in Sep, the biggest jump since February 2023. 5 out of the 6 major grocery store food group prices increased with eggs jumping as much as 8.4%. Over the last 4 years, food prices SKYROCKETED 22.5%👇https://t.co/OAcZin2MlG — Global Markets Investor (@GlobalMktObserv) October 15, 2024 Rising …
The bond market does not believe the Fed. Bonds signal inflationary and economic weakness risk is rising. via Bloomberg Stagflation… — Northstar (@NorthstarCharts) October 12, 2024 Gold beats the S&P 500 this year as investors discount more currency destruction Graph via Bloomberg pic.twitter.com/kf7nV9VhvZ — Daniel Lacalle (@dlacalle_IA) October 11, 2024
