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
JPMorgan Chase As Bank of America, Wells Fargo and Citigroup Will Be Close Temporary Very Soon, Welcome to Fed Now CBDC
$40,000,000,000 in Unrealized Losses Hits JPMorgan Chase As Bank of America, Wells Fargo and Citigroup Face Exposure to US Treasuries: Report BanksterCrime: According to a…
Three Wall Street Mega Banks Hold $157.3 Trillion in Derivatives – That’s $56.7 Trillion More than the Entire World’s GDP Last Year
By StevieRay Hansen A consumer spending expert has released a dismal forecast for the US economy in 2024. Harry Dent told Fox Business on Tuesday…
David Webb Has an Incredible Bio, and Came From a Family Deeply Involved in Freemasonry. He Was a Successful Wall Street Manager for Years, and Now Lives in Switzerland Where He Owns Farmland. He Is Originally From Cleveland
According to Webb, everything is now in place for the Banks to steal our money in the “Great Reset.” Down Load The Free Book Here…
It Seems We Have Hit A Point Where A Wall Is In The Way Of “Kicking The Can” Much Further
BanksterCrime: by Tyler Durden By Peter Tchir of Academy Securities I’ve been doing a lot of thinking about “kicking the can.” Not because “kicking the…
The New York Fed Has Extended Its Half Trillion Dollar Bailout Facility to a Sprawling Japanese Bank You’ve Never Heard Of
BanksterCrime: By Pam Martens and Russ Martens: Kazuto Oku, CEO of Norinchukin Bank Quietly, on December 1, the New York Fed published the following statement on…
