"The economic data change index is at its lowest level in more than two years, while the economic surprise index is at its lowest level of 2025."@LJKawa pic.twitter.com/MKELKxtPHl
— Daily Chartbook (@dailychartbook) June 19, 2025
CPI ex-shelter falls to 1.5% yet Fed and Wall Street still fear tariffs and wages, ignoring signs of real disinflation
CPI ex shelter 1.5%.
FFR at 4.375% and QT running.
And Wall St is compliant.
They wrongly believe as does the Fed that Tariffs are inflationary.
Yes a tax on consumption ( imports are 14% of GDP) is inflationary. This is smaller than the implementation of an across the… pic.twitter.com/NTeBuexIO6
— James E. Thorne (@DrJStrategy) June 20, 2025
🇺🇸 FED'S WALLER JUST SAID:
– THE FED HAS BEEN ON PAUSE FOR SIX MONTHS WAITING FOR AN INFLATION SHOCK THAT HAS NOT ARRIVED
— Evan (@StockMKTNewz) June 20, 2025
Fed stays on sidelines while global banks slash rates and Swiss return to NIRP, risking another late policy blunder
While the #Fed is quietly sitting on the hands as #economic data slows and #tariff #inflation remains non-existent, other central banks are rapidly cutting #rates with the Swiss restarting NIRP.
The Fed is likely going to be too late once again adjusting monetary policy which is… pic.twitter.com/GEI4DHb4H7— Lance Roberts (@LanceRoberts) June 20, 2025
Government jobs are falling:
22,000 federal government jobs were lost in May, the most in at least 4 years.
This marks the 4th consecutive monthly decline.
Year-to-date, federal government jobs have declined by 59,000, to 2.96 million, the lowest since November 2024.
By… pic.twitter.com/icQHx7zpvx
— The Kobeissi Letter (@KobeissiLetter) June 20, 2025