Loading ...They’re so hot they don’t seem real.
Doesn’t make a lot of sense to me that the PPI numbers are super hot and the CPI numbers were soft. Producers always get out ahead on price increases.
I’m not sure what’s happening there unless it’s tariff’s on the multi-nationals and they are eating them? I have no idea.
I’d think the dollar and rates would be soaring but not really, dollar is up a little and the 10 yr is only up a bip.
Bitcoin is getting smashed, but pm’s not as much. Oil up near 1%. PM shares don’t look too bad either.
Maybe the Fed is rigging the numbers to make Powell look good. I suppose anything is possible and nothing is real.
See what ZH has to say about all this.