PPI leads CPI! So my thesis of some more disinflationary weeks still holds! Btw: China is fighting against a dancing deflation now - and they are pumping liquidity as if there's no tomorrow. So, what happened? December witnessed a modest retreat in US producer prices. The recent report from the Department of Labor reveals a marginal 0.1% descent at the producer level, yet a substantial 1.0% ascent over the same period last year, defying the forecasted 0.9% from the prior month by economists surveyed by Dow Jones Newswires. We need to watch how the Yemen conflict will affect oil prices to not derail the disinflationary path.The Obiden gov will do anything possible to fight for stable prices - especially in ''our'' Middle East.
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0 sats \ 5 replies \ @Undisciplined 12 Jan
And just whose Middle East are you implying it is?
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26 sats \ 4 replies \ @TomK OP 12 Jan
Was a joke. It's ''our'' oil
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21 sats \ 3 replies \ @Undisciplined 12 Jan
I'm just playing the part of a proud reactionary American.
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26 sats \ 2 replies \ @TomK OP 12 Jan
I felt american as a son of one of Your satellites. But besides our little jokes: I really hope the USA finds back on its traditional path as defender of freedom. This world is turning into a mess and I do not see any force that could inspire us except of the US
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21 sats \ 1 reply \ @Undisciplined 12 Jan
I don't see any scenarios more positive than ignoring the rest of the world as being realistic.
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27 sats \ 0 replies \ @TomK OP 13 Jan
The US should consolidate its power. It looks like it's time to solve interior problems now. Look what's going on at the border.... like here in Europe. We need to get rid of the Davos crowd to start healing
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