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Friday, May 27, 2022
PCE inflation came out normal provided boost to market
UMich Cons Sent 58.4, below est.
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PPI came -.3p like it's brethren ...
Wealth vs Power ...
GDP & Nuclear warheads of various nations : Russia 2.714T 5,500 India 3.9T 180 China 18.74T ...
Jul PPI came much hotter than expected...
It will percolate in CPI in future .. still expecting many rate cuts this year .. think again ..!
market starting to worry about fiscal spending and debt issues world-wide ...
Gold reaches all time high indicating inflation in future; so why are we expecting Fed to cut rates ..?
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