US Core inflation level lowest in 3 years

Mexico and Nigeria
New Refineries Are Coming Online. Why They Could Lower Gas Prices.

 

The stickiness of the index is kind of hard for me to get my arms around


https://www.bls.gov/news.release/pdf/cpi.pdf

Prices changed 0.4% from last month, a primary driver of that is shelter costs were up 0.6%, which was a little bit higher than last month increase.

However new apartment rents are down over the past year and continue to trend downward.

Apartment List National Rent Report

https://res.cloudinary.com/apartmen...ebcac3b94adc6a2ecf9a5617c4f7f/cpi_2023_10.png







Or the Zillow rent index

US - Rent CPI vs. Zillow Rent Index | US Prices | Collection | MacroMicro

 

Back during the roaring 20's when Trump banned wokeness, he defeated Abraham Lincoln and we all had golden toilets. Now, Sleepy Joe is killing us with inflation and deflation!

 

LOL, at health insurance has gone down 37%?

 

Because they keep dropping what is covered.

 

Health Insurance deflating at 37.3%?? I smell cap.

WSJ News Exclusive | Health-Insurance Costs Are Taking Biggest Jumps in Years

 

Only going to get worse next year as health insurance plans figure out how to absorb the costs of all these recently diagnosed diabetics.

 

Health insurance prices drop 29.5% from last July, according to feds

 

Well my son's plan just went up 50/month and he's a college student, group plan at work up about the same....feds are lying dogs.

 

Employers and employees will see higher insurance premiums in 2024. Bank on it. Any business owner posting here will tell you the same.

 

Actually if people lose large amounts of weight the cost of their care will drop significantly as they have lower rates of CAD/HTN(less strokes in time)/Dementia etc.
Would you spend 25k to save 500K?

 

Gas is $2.82 at BJ's today in Jacksonville. AAA say the jacksonville average is $3.22, up two cents from a week ago. But I don't think I've seen it this low in a long while.

 

Been around $2.79 here in TX.

 

This is one of the problems with a for profit health care model. The investment costs are paid now, the health benefits take place years down the road, often when individual is on a different plan.

 

But if they are all covering it all the insurers benefit down the road.

 

Yeah but for profit insurers don’t care about all the other insurers down the road.

 

I wonder if all the board members have seen their premiums drop that much.

Perhaps expenses have drop with less COVID hospitalizations….?