Independent thinking for complex markets and current events
Wholesale inflation is climbing faster than economists expected. Producer prices for final demand increased 0.7 percent in February, the largest monthly gain in seven months. Both goods and services contributed to the surge, pushing the overall index above forecasts and signaling that higher costs are moving through the supply chain. Prices excluding food and energy …
The core producer price index, which excludes volatile food and energy prices, increased a seasonally adjusted 0.8%, more than the 0.6% gain in December and well ahead of the Dow Jones consensus estimate for 0.3%. On an all-items basis, headline PPI rose 0.5%, also above the forecast for 0.3% and 0.1 percentage point more than …
ABC: "I have some good news for you. The USDA says wholesale egg prices dropped for the 3rd straight week… $4.15 per dozen. That is down about $2.70 in just one week." Promises Made. Promises Kept. pic.twitter.com/WPdBeV3WbM — Benny Johnson (@bennyjohnson) March 17, 2025 Farm Action, a group that began pushing Washington to look at …
Wholesale egg prices, as tracked by the Urner Barry Egg Index, have reached record highs at the start of the new year. This surge is mostly driven by the ongoing devastating impact of Highly Pathogenic Avian Influenza (HPAI), which has crushed commercial flocks and dented the nation’s egg-laying capacity Three weeks ago, new data from …
Costco Wholesale missed market expectations for fourth-quarter revenue on Thursday on cautious spending by budget-conscious customers at its membership-only stores, as well as an impact from lower gasoline prices. Shares of the company were down marginally in volatile extended trading. They have gained about 37% so far this year. While ultra-low prices on groceries and …
By Martin Armstrong Speech by Brad Jones, Assistant Governor (Financial System), at the Intersekt Conference in Melbourne – 'Financial Innovation and the Future of CBDC in Australia’: https://t.co/zuYTeslJhZ pic.twitter.com/3ndAbgjepq — Reserve Bank of Australia (@RBAInfo) September 17, 2024 The Reserve Bank of Australia (RBA) is rapidly developing a wholesale central bank digital currency (CBDC) as developed nations …
Wholesale auto inventories continue to climb at a brisk pace and to new all-time highs pic.twitter.com/jFaLjMYGmi — Liz Ann Sonders (@LizAnnSonders) July 11, 2024
Lol, of course they revised the PPI numbers to be worse for the last four months in a row. Of course they did. The headline is all that they need today to make the markets go green. They’ll tell you the truth two months from now. — Uncle Milty’s Ghost (@his_eminence_j) June 13, 2024
For a long time the narrative has been goods inflation is now under control, mission accomplished and services is the only dragon left to slay. Now we are starting to see rising consumer spending on goods again, leading to hotter inflation there. Historically inflation episodes often come in waves and pulses, it’s not short and …
by Dismal-Jellyfish https://www.bls.gov/news.release/pdf/ppi.pdf https://data.bls.gov/timeseries/WPSFD4&output_view=pct_1mth The Acceleration of Inflation in the Second Half Has Begun, “Disinflation” Honeymoon Terminated The Consumer Price Index (CPI) jumped by 0.63% in August from July, the biggest month-to-month increase since June 2022. Annualized, this amounts to a red-hot 7.8%. This jump comes despite the still ongoing ridiculous monthly adjustment to the health …