PPI was cooler than expected. 0.3% vs. 0.4% expectations.
Still no help, but at least we aren’t getting crushed yet. Dollar and rates are flat
Gotta give em a little time.
PPI today
After blowout hot numbers last month they’ve moved the estimates back toward normal like they did with the CPI. Hard to imagine they won’t come in hot again.
Not feeling the love coming our way.
ipso, it seems to be fake news.
The Russians have vehemently denied that the Europeans could be at the table with them. Maybe Putin said he was OK with the Europeans negotiating with Zelenskyyyiy, or Andy B, or good ole Hunter. But with the Russians? Nyet. I cannot imagine a bigger timewaster.