USA Core PPI (MoM) For

    Posted by steve on 12th of Jul 2024 at 08:31 am

    USA Core PPI (MoM) For June 0.4% Vs 0.2% Est.; 0.3% Prior

    Quick dip and rip 

    Posted by steve on 12th of Jul 2024 at 08:38 am

    Quick dip and rip 

    Lol - they invited a

    Posted by DigiNomad on 12th of Jul 2024 at 08:41 am

    Lol - they invited a new guy on CNBC this morning and he's slingling truth about fiscal policy, crowding out, etc - the panel looks shell shocked. Melissa actually stuttered a few times trying to respond   

    They had to go to

    Posted by steve on 12th of Jul 2024 at 08:44 am

    They had to go to commercial break quickly

    Yep - the break seemed

    Posted by DigiNomad on 12th of Jul 2024 at 08:58 am

    Yep - the break seemed disjointed and rushed.. The red head looked very flustered. Said something like you don't get to choose when you have your chance to spend so you have to take the opportunity when it comes It's the Feds job to keep inflation under control while we do the spending we need to do. She clearly slept through econ classes in college. 

    Definitely a hot report this

    Posted by DigiNomad on 12th of Jul 2024 at 08:36 am

    Definitely a hot report this morning with 100% hot revisions across the board. That should give some ballast to the markets. Bulls don't want yields dropping precipitously either and this gave them a bump (at least short term)

    *Bulls think they want yields to drop like a rock, but if they knew what that meant, they wouldn't. 

    VIX dropping 

    Posted by mrrab079 on 12th of Jul 2024 at 08:35 am

    VIX dropping 

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