inflation
Tavi Costa: A second wave of inflation is likely underway
Oh boy. Global freight rate for containers just surged 61% this week. Not the time to celebrate the end of inflation. A second wave is likely underway. H/t @dailychartbook pic.twitter.com/X9K2DZJDWR — Otavio (Tavi) Costa (@TaviCosta) January 5, 2024
Inflation might not be tamed yet. And the numbers coming out right now are probably not the numbers JPow was looking for.
by fan_of_hakiksexydays Energy prices have managed to stay low with the help of lower oil prices. WTI even briefly dropped below $70/barrel. But that might not be enough to tame inflation, and not to the point of rate cuts. Current …
Surge in Global Freight Rates Sparks Concerns of Accelerating Inflation and Shifting Interest Rates
Oh boy. Global freight rate for containers just surged 61% this week. Not the time to celebrate the end of inflation. A second wave is likely underway. H/t @dailychartbook pic.twitter.com/X9K2DZJDWR — Otavio (Tavi) Costa (@TaviCosta) January 5, 2024 The global …
“Transitory inflation” just like we saw in 2021 is likely returning now.
BY DAVID HAGGITH The old inflation monster is returning, and it looks “transitorily” familiar: The supply chain pressures that caused the ‘transitory’ part of inflation in 2022 may be about to return if the problems in the Red Sea and …
IRS Raising Taxes for Inflation
by Chris Black IRS provides tax inflation adjustments for tax year 2024. TLDR — your taxes will DOUBLE unless you’re married, in which case your taxes will TRIPLE. via IRS: IR-2023-208, Nov. 9, 2023… Continue reading by subscribing. Username Password …
US Manufacturing Ends 2023 on a Low Note, December PMI at 47.9, Highlighting Contraction, Inflation, and Job Cuts
NEW – U.S. manufacturing performance slipped further into "contraction territory" in December as demand conditions weakened. pic.twitter.com/S18SRkzlmg — Disclose.tv (@disclosetv) January 2, 2024 US Manufacturing Sector Slump Accelerates In December: Orders Down, Prices Up US Manufacturing saw only two months …
Inflation woes persist for consumers; CPI fails to reflect reality as homeowners face steep insurance, tax hikes.
CPI isn’t capturing reality for most people Homeowners getting hit with whopping insurance and property tax increases as we enter 2024 And raises are long gone https://t.co/vs38A2VEjz — Amy Nixon (@texasrunnerDFW) December 27, 2023 As long as the banks continue …
The Fed Killed Inflation? US Home Prices Surged For 9th Straight Month In October (+4.8% YoY), Led By Miami And Detroit(?)
by confoundedinterest17 So much for “The Fed killed inflation” narrative. Inflation is still alive and well in housing prices. Particularly in cities like Miami and Detroit? Maybe the Lions winning their division for the first time in 30 years helped! …
Investors favor bonds over commodities, but historical disparity hints at potential commodity resurgence; Inflation drop echoes 1960s, warning of potential final wave.
Indeed, that's a key point. Additionally, the coming commodity super cycle is going to be driven by the supply crunch of essential commodities such as copper and silver. Contributing to their growing scarcity… pic.twitter.com/Kc06kclh6G — Phoenix Capital (@PhoenixCapitalH) December 23, …
They say “the end of inflation” is on the horizon, but I see red as far as the eye can see.
BY DAVID HAGGITH The Galaxy Leader cargo ship being escorted by Houthi boats in the Red Sea One of today’s articles about the Misery Index says that inflation is over and that will show up in tomorrow’s inflation report, but …
Global Supply Chain Pressure Index rises; Suez and Panama canals affected, China restricts rare-earth exports, heightening short-term goods inflation concerns.
🌍 Global Supply Chain Pressure Index rising. “Two continental shipping passages, the Suez and Panama canals, are suffering from obstructions to trade traffic.” Not good for short-term goods #inflation. H/t: @FinancialTimes pic.twitter.com/FBwiN1DIF1 — Alex Joosten (@joosteninvestor) December 21, 2023 🇨🇳 …
Central Banks Are Causing Something Worse Than Inflation
via Daniel Lacalle: Although the Federal Reserve and the European Central Bank’s message regarding interest rate cuts seems clear, reiterating their commitment to reducing inflation, the market is expecting between five and six interest rate cuts, between 125 and 150 basis points, in the …
The country is experiencing hard landing? UK inflation unexpectedly drops to a two-year-low of 3.9% which no economist predicted
Hard landing? 👀 https://t.co/4WQwhJuON5 — The Macro Guy (@SagarSinghSetia) December 20, 2023 The fall in UK inflation below 4%, which no economist predicted, will make it very hard for the BOE to stick to its higher for longer stance on …
The risk now is that the Fed invites inflation back, risking credibility and market stability.
Powell: dialling back policy restraint was a discussion topic for us at our meeting today FOMC: 3 cuts in 2024 Williams: We aren't really talking about rate cuts Bostic: 2 rate cuts Mester: Markets are a bit ahead on rate …
Soft Landing Is A Lie: Record-high Pessimism As 66% Of Americans View Today’s Economy Worse Than 2008 Crash And 2020 Lockdowns Amid Persistent Inflation.
https://twitter.com/GregCrennan/status/1737172258467254709 Christmas spending increases due to inflation concerns; 24% cite inflation as the reason, while 37% cut expenses, blaming inflation, up from 15% last year. The surge in homelessness, reaching a staggering 653,104 people, unveils a heartbreaking reality in the …
Biden’s “Inflation Reduction act of 2023” Has spent over a trillion dollars so far.
Hmmm, spending increases inflation doesn’t it? I had occasion to read the bill a bit this afternoon. What a convoluted mish-mash of crap! Seems mostly about the new clean energy initiatives, so maybe it could have been called that? But …
Colorado’s inflation exceeds the national rate at 4.5%. Average family spending increases $1,206 monthly, impacting households.
by Stephen Green Colorado’s year-over-year inflation continues to outpace the national rate of 3.1%. While inflation rates in the Denver metro area have dropped to 4.5% in November, down from 5.4% in September, Colorado’s year-over-year inflation rate still surpasses the national …
U.S. food banks grapple with strained donations as people battle FOOD INFLATION
via Naturalnews: As the Christmas holiday approaches, food banks in the U.S. are grappling with strained resources due to inflation. In a survey conducted by impact technology company Divert Inc, only 25 percent of respondents were more likely to donate during this holiday season …
What happened? Powell went from cautiously hawkish to openly dovish over the course of a month. We have seen in past that even when interest rates are high it took around 5 years for inflation to go down.
https://twitter.com/TRUMP4USD/status/1735657299811909701 Save this article headline … This is going to be one of those we look back on and laugh at. pic.twitter.com/qJs5C4TwJD — Wall Street Mav (@WallStreetMav) December 15, 2023 *WILLIAMS: WE AREN’T REALLY TALKING ABOUT RATE CUTS RIGHT NOW …
The signs of a potential double top on Nasdaq are alarming. Valuations can’t soar indefinitely, and the lingering inflation issue adds complexity.
Call me crazy but I believe we are in the process of forming a major double top on Nasdaq. Valuations don't grow to the sky and the inflation problem is far from over. Today's weakness in megacaps despite the Fed …
Inflation Home Alone Style…. 1990
“Kevin bought a basket full of groceries including a half-gallon of milk, orange juice, Wonder Bread, a Stouffer’s frozen turkey dinner, toilet paper, Snuggle dryer sheets, Tide liquid laundry detergent, plastic wrap, Kraft macaroni and cheese, and a bag of …
Inflation Hits Hard: Americans Face Soaring Prices, Plummeting Savings, and a 24% Surge in Restaurant Costs
Americans' savings rates slid again in the third quarter, per Axios: pic.twitter.com/sBEvKXNTjn — unusual_whales (@unusual_whales) December 14, 2023 The economic landscape in the United States is becoming increasingly challenging as Americans grapple with a combination of dwindling savings rates, soaring …
US inflation is re-accelerating currently. The war against inflation is far from over.
I know it is not the news you want to hear, but US inflation is re-accelerating currently pic.twitter.com/C0vwCDdcCx — Andreas Steno Larsen (@AndreasSteno) December 13, 2023 https://t.co/pezK5BdS7P — Win Smart, CFA (@WinfieldSmart) December 13, 2023 Willem Middelkoop: Central banks and …
The Fed’s desperate rate-cut moves unveil economic weakness during the inflation crisis.
In a distressing revelation, the Federal Reserve anticipates three rate cuts next year, acknowledging the challenge posed by persistent inflation. The economic engine falters as demand plummets for homes, vehicles, and goods, painting a grim picture of financial distress among …
Money Printer go Brrrr: Inflation is permanent, US Deficit spending is out of control.
In straightforward terms, let’s address a pressing concern: Inflation is here to stay, and the US deficit is spiraling out of control. Despite Treasury Secretary Yellen’s reassurances, there’s reason to be uneasy about the mounting US debt. Facing the facts, …
Inflation is gonna rip!
Fed holds rates steady, indicates three cuts coming in 2024 The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond. With …
Pennsylvania ranks #1 in the U.S. for inflation, report shows
PENNSYLVANIA (WTAJ) — As 2023 comes to a close, a new report shows Pennsylvania has had the largest increase in grocery prices year over year. In Pennsylvania, we’ve seen inflation go a bit crazy and many people have felt it …
Ron Paul: Biden, Media Gaslight People About Inflation
by Ron Paul President Biden recently repeated the claim that high prices are caused by greedy businesses. Biden is not alone in trying to gaslight the people into thinking price inflation is rooted in the actions of private individuals and …
