Producer Price Index Rises More Than Forecast

Honestly, it isn't hard to find it far cheaper than at Publix even without a sale. Here is their price at a variety of other retailers:

WalMart for $4.82.

Robot or human?

Target for $4.89.

Red Baron : Frozen Pizza : Target

Kroger for $5.29.

https://www.kroger.com/p/red-baron-classic-crust-pepperoni-frozen-pizza/0007218063473

Only Publix has it anywhere near that price as far as I can tell.

 

Is it? Once again, that doesn't seem to track with market reaction. A change in expectations moves the market. So a change from expected rate cut to not expecting it would cause a drop. A drop that didn't occur.

The professionals are algorithms at this point. So no, I am not worried about the algorithm doing that.

 

That is not what it says. It says that there was an increase in the implied probability. That likely is true given the CPI release today.

 

When/where did I claim a trend?

 

This post:

 

Right, Mr. Transitory Inflation. Right.

Carry on

 

Do you actually manage any amount of $? That is not a claim. That is a personal recommendation for a cautious approach to volatile data. That is what responsible people do. That concept may be foreign to you, but not everyone only pays attention to the data points the like.

As I asked before, look at the aggregate data and explain to us where/how this inflationary mess is being put behind us.

 

Same with Lean Cuisines, bacon, and packaged cheeses... they are on sale all the time. You happen to pick a packaged item in my normal basket. I am the grocery shopper in the house. My wife hates it and couldnt tell you within $10 how much stuff cost. If you buy Red Baron semi regularly you should know its a regular high/low item without being a pricing savant renaissance man.

 

Another dodge Twilight Man.

 

As per usual, govt puts out cover their ass numbers, then you look at real life. Same shit different day.



About 8.9% of credit card balances fell into delinquency over the last year, according to the Federal Reserve Bank of New York — a sign that a growing number of borrowers are feeling the strain of rising prices and high interest rates.

"Everything is more expensive. Debt is more expensive. Rent is more expensive. Food, gas, everything," says Charlie Wise, senior vice president at TransUnion, the credit reporting firm. "Even with relatively healthy wage gains we've seen over last several years, many consumers just aren't keeping up with the price pressures."

 

You're a fool if you got out of stocks due to your political biases.

 

Is that transitory current?

 

And he all but said inflation is here to stay...

 

You really think these made up court cases are real fact based or lawbreaking? That's pure propaganda and you know it.

 

https://www.cnn.com/2024/05/15/economy/consumer-price-index-inflation-april?cid=ios_app
S&P 500, Nasdaq and Dow all hit record highs after encouraging inflation data
“This was a good report in the context of three hotter-than-expected [CPI] reports, and it makes it look like potentially those were bumps in the road rather than a really stagnant inflation environment,” Tyler Schipper, economics professor at the University of St. Thomas in Minnesota, told CNN in an interview."

 

You and ETGator obviously haven't been following the case. Trump is one of the all-time worst scoundrels and crooks, but y'all keep your heads in the sands protesting it's all just "propaganda" and a "witch hunt". (Perhaps it is, but Trump is a witch.)

 

Inflation pressures ease in April as consumer prices rise at slowest pace in 3 months

Inflation pressures ease in April as consumer prices rise at slowest pace in 3 months