supercore

Hedge funds are shorting stocks again, boosting leverage to new record. Chicago PMI plunges to four-month low, sinks to 40.5 in May. Supercore PCE turns negative for the first time since covid.

The Chicago Purchasing Managers’ Index fell for a second straight month to its lowest level in four months. The index sank to 40.5 this month from 44.6 in April, falling short of the 45.1 forecast. The latest reading marks the 18th consecutive month the index has contracted. — Peter Schiff (@PeterSchiff) May 30, 2025 Hedge …

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Supercore inflation rose 4.7% in June; Fed’s 2% target unmet for 39 months. Fight against inflation continues.

The Fed’s fight against inflation is still not over: Supercore inflation CPI increased by 4.7% year-over-year in June, slightly down from 4.8% in May. Supercore inflation is an important gauge that the Fed follows which includes Core services less housing. Despite the first… pic.twitter.com/iJoeD9yv1z — The Kobeissi Letter (@KobeissiLetter) July 31, 2024 Supercore Inflation: This …

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SuperCore! SuperCore Inflation Rises For 49th Straight Month As Economic Surprise Data Collapses

by Confoundedinterest17 Well, the Trump/Biden CNN Presidential debate was a disaster … for Biden. It was the worst debate performance I have even seen. Even worse was the “victory” party where Jill Biden treated President Biden like a little child being potty-trained and shreiked that all Trump does is L:IED. How strange since ALL Biden does is …

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US Supercore inflation soared to 5% in May, highest since April 2023, despite core CPI decline.

US Supercore inflation increased 5.0% year-over-year in May, its highest level since April 2023. Supercore inflation is a key metric the Fed follows which includes core services inflation less shelter. Over the last 8 months, it has seen a significant increase from ~3.8% in October. This is despite core CPI inflation declining to 3.4% year-over-year …

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Keep an eye on Auto Insurance, it’s currently the cause of nearly half of all annual Supercore inflation:

CPI Day! Keep an eye on Auto Insurance, it's currently the cause of nearly half of all annual Supercore inflation: pic.twitter.com/1w2iCSIFJp — Michael McDonough (@M_McDonough) May 15, 2024 Auto insurance rates in the US increased by 23% over the past year. That's the biggest 1-year spike since 1976. Video: https://t.co/SosH5NA4Ck pic.twitter.com/YaAuuiXDF5 — Charlie Bilello (@charliebilello) …

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Back In The Saddle Again! Why The Fed Will RAISE Rates (Home Price Growth Reaccelerating, SuperCore Inflation Is Rising, Mass Immigration)

by confoundedinterest17 The Federal Reserve (aka, The Keep) is back in the saddle again. The Fed has been unable to control inflation since Federal government spending was so fast and furious after Covid that little thought was given to the long-term ramifications of insane spending. Not to mention The Fed’s overreaction to Covid. Example? Home price growth …

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