Posted by curranjohn on 11th of Jan 2023 at 06:15 pm
The masses are hoping for a fed pivot. Yet there is no
indication whatsoever that this could happen. Still they hope. If
PPI comes in below expectations then market goes up thinking
inflation is declining and fed can stop increasing rates. If
PPI comes in hotter than expected then fed needs to keep
tightening. Market goes down.
Reported at 6.5% YOY (0.1% lower than last month). That
used to be a recipe for disaster. now it's seen as good news;
crazy.
Cost of living continues to be unaffordable for many.
Prices would have to drop (not increase at a slower rate) to
actually make a difference. That requires a negative YOY
number, which is not in the cards anytime soon.
Well stated - it takes considerable time and pain to undo the
mistakes made over the previous years and the rampant gov't
spending (continuing) is not helping with this endeavor
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The masses are hoping for
CPI Projections
Posted by curranjohn on 11th of Jan 2023 at 06:15 pm
The masses are hoping for a fed pivot. Yet there is no indication whatsoever that this could happen. Still they hope. If PPI comes in below expectations then market goes up thinking inflation is declining and fed can stop increasing rates. If PPI comes in hotter than expected then fed needs to keep tightening. Market goes down.
Reported at 6.5% YOY (0.1%
Posted by RichieD on 12th of Jan 2023 at 08:43 am
Reported at 6.5% YOY (0.1% lower than last month). That used to be a recipe for disaster. now it's seen as good news; crazy.
Cost of living continues to be unaffordable for many. Prices would have to drop (not increase at a slower rate) to actually make a difference. That requires a negative YOY number, which is not in the cards anytime soon.
Well stated - it takes
Posted by steve on 12th of Jan 2023 at 08:47 am
Well stated - it takes considerable time and pain to undo the mistakes made over the previous years and the rampant gov't spending (continuing) is not helping with this endeavor