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/u/ROYCEKrispy
Inflation Horror Present. The Fed has acquired an issue on its palms.
https://wolfstreet.com/2023/02/24/spiking-prices-in-january-upward-revisions-for-oct-dec-sink-disinflation-hoopla-services-pce-price-index-spikes-to-worst-since-1984-goods-jump-core-pce-red-hot-again/ Articles like this pour quite a lot of chilly water on the concept the FED will pivot and both cease elevating charges or start reducing them anytime quickly. With so many mini-rallies...
What Powell Truly Mentioned
https://wolfstreet.com/2023/02/01/what-powell-actually-said/ “The historic file cautions strongly towards prematurely loosening coverage. We'll keep the course till the job is finished,” but it surely’s not completed, Powell stated: Core companies inflation ex-housing has not come...
The Day Wall Street’s Narrative of “Inflation is Over” Fell Apart: A Sea of Red
https://wolfstreet.com/2022/09/13/the-day-that-wall-streets-narrative-of-inflation-is-over-fell-apart-a-sea-of-red/ Wolfstreet has been covering this for over a year. Inflation has become entrenched in services and will take a lot to bring down again. If you find yourself getting inundated with mainstream...
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