I wouldn’t characterize inflation as hot. Housing remains issue #1.
Yeh well, I would not characterize that anticipated June rate cut coming up anytime soon either.
I wouldn’t characterize inflation as hot. Housing remains issue #1.
Yeh well, I would not characterize that anticipated June rate cut coming up anytime soon either.
I didn’t anticipate it. As I have been saying for some time now, I don’t anticipate any rate cuts this year.
Foe the record, the Fed should have been cutting rates.
Yeh. I know it is part of your kabuki dance: "I don't think there is any problem with inflation but no way do I expect those rate cuts." Heh. Maybe it's because of that inflation that everyone else sees.
Also 3% is the new 2% as the goalpost keeps getting moved.
More to come. And there has been plenty already.
Here is the Commodity Index
Car insurance (up 22%) and car repair.
Goods deflation is back.
The chart shows that every penny increase is still there from day one.
Whitey World still doesn't understand transitory.
What's funny is that Mercor, a DeSantis supporter, still posts after stating that Trump could use DJT stock to buy a media company.