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 Shames Jeff Gundlach As The King Of The Armageddonists
They’re starting to go after each other… As bearish-biased analysts, strategists, and investors throw in the towel amid the market’s incessant FOMO-driven melt-up in the face…
Snyder: “Brace For Impact!” The US Economy Is Going Down, And It’s Going Down Hard…
I have so many bad economic numbers to share with you that I don’t even know where to start. I had anticipated that the U.S. economic…
Apple Is Now Bigger Than The Entire US Energy Sector; Disney Is Bigger Than Europe’s Top 5 Banks
Something fascinating took place on January 3: on that day AAPL slashed its revenue guidance, blamed China, and triggered a cascade of flash crashes across various…
The Federal Reserve Works for the Foreign Bank$Ters [Central Banks]…
as the Principal Creditors in the Receivership of the USA Bankruptcy. The Bankster’s hate bad press (lucky for them they own most of the mainstream…
Banks, Real Estate, and Insurance Companies Crush The People
The Bible has a lot to say on the subject of injustice. We know that God is in favor of justice; we know that He…
