Featured Story
Producer Prices rebounded MoM in May with headline Final Demand PPI rising 0.4% (against +0.1% exp) but it left PPI YoY still down 0.8%…
Source: Bloomberg
Some serious dispersion in the various sector’s price swings…
This rebound was driven by a record surge in food prices…
Source: Bloomberg
Two-thirds of the May increase in the index for final demand goods is attributable to a 40.4-percent jump in meat prices.
Source: Bloomberg
The indexes for gasoline, processed young chickens, light motor trucks, liquefied petroleum gas, and carbon steel scrap also moved higher.
Source: Bloomberg
Conversely, prices for chicken eggs fell 41.2 percent. The indexes for diesel fuel and for plastic resins and materials also decreased.
What will Jay Powell do now that average joe’s cost of living is soaring?
StevieRay Hansen
Editor, Bankster Crime
Don't Miss
Jeffrey Epstein Documents Could Expose Powerful Politicians, Businessmen
Greed is a strong and selfish desire to have more of something, most often money or power. There are many warnings in the Bible about…
From Russia-Gate To Deep-State-Gate: “All Hell May Break Loose”
When men know the truth and refuse to receive it, when they refuse to obey it and hold it in unrighteousness, “they will be condemned…
“It’s Going To Be Carnage” – Deutsche Begins Culling 18,000 Employees
Greed is a strong and selfish desire to have more of something, most often money or power. There are many warnings in the Bible about…
Could JPMorgan Chase Be Hit with a Fourth Felony Count for Rigging Precious Metals Markets?
Banks are in a state of “Greed and Corruption” a state of decay, pollution, or incorrectness. Corruption is one of the effects of sin that…
You Are Paying for Banks’ Crimes
The Top Three Banks: Jp Morgan, Bank of America, and Wells Fargo. All Told, During the First Quarter of This Year, the Moneylenders Racked up…
