Independent thinking for complex markets and current events
US March PPI headline prints at 4.0% YoY vs 4.6% consensus; The herd is celebrating the “miss” while ignoring the 0.5% MoM jump that signals a structural floor in input costs. You’re buying the headline “relief” while the monthly trend remains broken; this is the definition of a bull trap. Core PPI (ex-food/energy) hits 3.8% …
Credit to @PedramHosseini for doing this! — Car Dealership Guy (@GuyDealership) February 7, 2024
🚨 W O R L D · E X C L U S I V E 🚨 TONIGHT, @TheNatPulse will begin to release critical portions of the thus-far HIDDEN Tucker Carlson interview with former Chief of Capitol Police Steve Sund. It's absolutely extraordinary. And none of us are suicidal, for the record. — Raheem J. …