Producer Price Index Rises More Than Forecast

It's obviously ridiculous for an ardent Trump supporter to pretend to be outraged over Biden's dishonesty, gaffes, etc. That doesn't excuse them, tho.

 

Intersting. Almost like you are not happy about there not being a trend of increasing PPI. I wonder why.

 

Nice try, but like usual you’re coming up short. I have already stated that one point is not a trend, that we don’t know if it’s a trend or not, AND that I hope it is not.

So keep on wondering big boy because it’s damned apparent that you aren’t reading.

 

Hmm, so one point isn't a trend? I agree. But you also said that we should treat this as a trend and apparently didn't like when I pointed out that there was a decrease in the previous month, as that would dispute your trend narrative.

You also referred to the upward pressure over the last 6 months as a "trend," which, according to the data, has shown a total increase in prices of 1.3%. But you are going to be big mad that I pointed out that this disputes the notion of some huge increase in inflation.

 

CPI rose less than expected.

https://www.cnbc.com/2024/05/15/cpi...umer-prices-rose-0point3percent-in-april.html

 

Well, since you know better than the markets, you really should be shorting the markets. Right?

 

If you are paying more than $3.99 you in trouble. It’s on sale all the time. It is a stock up item where people buy it on sale. Maybe you are new to shopping?

 

The Dow is about to hit 40,000. What now?

 

Like I said earlier, enjoy the Kool-aid. You want to cherry pick data to support your political position. Put all of the indexes together and try to make your case to us that we are improving.

 

Hmmm...strange how you are claiming to know more than the markets and then get so bashful...

 

He did. You just dodge as always. Why even post here if you’re not engaging the data?

 

Wait, you tried to claim a trend based on a cherry-picked time period (6 months), and are now mad that I disputed that by showing the data within your cherry-picked time periods?

In terms of improvement, annual CPI has been lower in each month this year than in the corresponding month in 2022 or 2023. The latest reading is also lower than the corresponding month in 2021. Annual PPI has been lower each month than the corresponding readings in 2021, 2022, or 2023. Both seem like improvements, right?

 

You missed out on a run up from 20,000 from late Trump era to 40,000 soon under Biden. I didn’t. In fact almost everyone has made out if they are invested anywhere. Record corporate profits and wages too. How will we survive if we get 4 more years of this?

 

I do. So do the markets. And they didn't view it as a substantive change in policy. In fact, markets rose after his comments and have continued to rise today.

 

Ha. The gator country Renaissance man. Midwit and coupon clipper who regularly monitors the sales of Red Baron? Parents must be proud. Your stat that it’s on sale all the time ? Is that anecdotal based on your experience because you made it clear anecdotal is not an accurate way to gauge….So I’ll have to discount your information. But I do appreciate the sage advice.