Inflation coming in hot boys!!
Whew I’m sweating off some weight watching that PPI number come in!!
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Services came in hot. Goods not nearly as much. Agreed that it’s not time to cut rates.
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Will be interested to hear how tariffs drove this PPI inflation. Let us know.
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I buy retail not wholesale
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Lotta different sectors going in different directions. I can see arguments for cuts but tend to agree I think the fed should stay put currently. Overall consumption seems to be maintaining despite the rates and as long as that holds true rates should hold.
Like ever though if you wait until things start deflating to cut rates it's too late.
While the high rates are making the cost of capital higher I have to wonder if they are acting as their own dollar milkshake proping up demand for US debt. Gotta take a closer look at the bond markets.
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They may have to cut just because the market expectation is that they will cut.
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a dark day for America
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Bobs the voice of reason. It’s borderline. Jobs are starting to fade but number starting to heat up. I wouldn’t be in favor of a 50 point rate cut in September….25 points wouldn’t be out of the question.
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Yeap, already priced in. Shouldn't be that way but it's current reality.
The fed has become too involved in the market and Powell hasn't helped that relationship imo.
I doubt we are going to see it get any better with the next appointee given Trump's attitude.
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I think we all agree. Cold day in hell and all.
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Bot said vanilla sucks ass and this
While the high rates are making the cost of capital higher I have to wonder if they are acting as their own dollar milkshake proping up demand for US debt. Gotta take a closer look at the bond markets.Interesting thread. I hadn't thought of this but then again I can't be an expert in everything. My initial thought on the politics is that young folks want lower rates to buy a house and don't much care beyond that.
Trump wants lower maintenance costs on the debt but if that reduces demand then what.
Buck actually can contribute when he wants to.
My other layman's take is that making policy on the ups and downs of
recruitingerr the market isn't all that bright.
