Uh oh, somebody's getting fired

[Mac1958]

Inflation came in hot this morning.

Someone's just lost their job.

US producer prices surged last month, rising 0.9% from June and 3.3% from a year ago as Trump’s tariff push costs higher

 

[shockedcanadian]

Inflation came in hot this morning.

Someone's just lost their job.

US producer prices surged last month, rising 0.9% from June and 3.3% from a year ago as Trump’s tariff push costs higher

They will always blame tariffs.

What did they blame during Bidens years? They never said, they just reported the outcome but NEVER speculated on the reasons.

Now tariffs will always be blamed for any inflation, right? Again, what did they blame when Bidens inflation was 8% across a year?

 

[Mac1958]

They will always blame tariffs.

What did they blame during Bidens years? They never said, they just reported the outcome but NEVER speculated on the reasons.

Now tariffs will always be blamed for any inflation, right? Again, what did they blame when Bidens inflation was 8% across a year?

Yes, it was the tariffs. The higher costs to American employers have worked their way through inventories and through supply chains.

As many people in the financial services industry has been predicting.

You're certainly free to blame someone/something else.

 

[Mac-7]

Inflation came in hot this morning.

Someone's just lost their job.

US producer prices surged last month, rising 0.9% from June and 3.3% from a year ago as Trump’s tariff push costs higher

Tariffs will cause some prices to rise

But if they result in fewer imports from china thats ok

 

[shockedcanadian]

Yes, it was the tariffs. The higher costs to American employers have worked their way through inventories and through supply chains.

As many people in the financial services industry has been predicting.

You're certainly free to blame someone/something else.

I said from the beginning that tariffs would impact segments of products but not the entire market place of products.

They should be replaced by competitive products, preferably those manufactured at home, right?

 

[Mac1958]

I said from the beginning that tariffs would impact segments of products but not the entire market place of products.

They should be replaced by competitive products, preferably those manufactured at home, right?

Of course. Unfortunately, we'll have to see how much damage is done in the meantime.

 

[Dekster]

Inflation came in hot this morning.

Someone's just lost their job.

US producer prices surged last month, rising 0.9% from June and 3.3% from a year ago as Trump’s tariff push costs higher

Your link goes to different story. Think the website rotates stories in its feed.

 

[Meathead]

Inflation came in hot this morning.

Someone's just lost their job.

US producer prices surged last month, rising 0.9% from June and 3.3% from a year ago as Trump’s tariff push costs higher

The markets are taking it surprisingly well.

MAGA!

 

[1srelluc]

MSN

www.msn.com

Why the latest inflation report is a best-case scenario for the stock market​

The consumer price index rose 2.7% year-over-year in July, slightly below economists' expectations of 2.8%. For investors, this was just right — not too hot, not too cold.

I sense a disconnect from reality by the OP.....That and his link is FUBAR.

The dems must get a super secret inflation report.

 

[The Duke]

MSN

www.msn.com

Why the latest inflation report is a best-case scenario for the stock market​

The consumer price index rose 2.7% year-over-year in July, slightly below economists' expectations of 2.8%. For investors, this was just right — not too hot, not too cold.

I sense a disconnect from reality by the OP.....That and his link is FUBAR.

The dems must get a super secret inflation report.

What they get is inflation talking points.

 

[Votto]

Inflation came in hot this morning.

Someone's just lost their job.

US producer prices surged last month, rising 0.9% from June and 3.3% from a year ago as Trump’s tariff push costs higher

What will you do to celebrate Mac?

 

[Dekster]

The markets are taking it surprisingly well.

MAGA!

Dow futures are down $170 so odd interpretation of "well"

 

[Votto]

With the government debt as high as it is, cuz everything has to be free don't ya know, I don't even know why the US still has a viable economy, let alone keep inflation down as low as it is as much less debt has destroyed past governments

Oh, and when it all does come crashing down just know the cause was Orange man and Capitalism and somehow Bibi. That, and Putin done it.

 

[Meathead]

Dow futures are down $170 so odd interpretation of "well"

-0.35% on such horrible news?

 

[Dekster]

-0.35% on such horrible news?
View attachment 1149243

That is just the foreigners. in 25 minutes we will see how the Real Mericans react to it.

 

[Meathead]

That is just the foreigners. in 25 minutes we will see how the Real Mericans react to it.

Who cares about the Mexicans?

 

[Winston]

MSN

www.msn.com

Why the latest inflation report is a best-case scenario for the stock market​

The consumer price index rose 2.7% year-over-year in July, slightly below economists' expectations of 2.8%. For investors, this was just right — not too hot, not too cold.

I sense a disconnect from reality by the OP.....That and his link is FUBAR.

The dems must get a super secret inflation report.

You are talking about the CPI, which was released a couple of days ago. The OP is talking about the PPI, released about an hour ago. Here it is.

Producer Price Index News Release summary - 2025 M12 Results

www.bls.gov

 

[Moonglow]

They will always blame tariffs.

What did they blame during Bidens years? They never said, they just reported the outcome but NEVER speculated on the reasons.

Now tariffs will always be blamed for any inflation, right? Again, what did they blame when Bidens inflation was 8% across a year?

Supply chains were readjusting, and the fact that society and the economy were stopped in 2020. Anyone with half a brain knew what would happen once society and the economy reopened.

 

[1srelluc]

You are talking about the CPI, which was released a couple of days ago. The OP is talking about the PPI, released about an hour ago. Here it is.

Producer Price Index News Release summary - 2025 M12 Results

www.bls.gov

Meh, pretty much of a nothingburger given the gloom-n-doom that was predicted by the "experts" concerning tariffs.

 

[my2¢]

Someone's just lost their job.

Yes indeed, the commissioner of the Bureau of Labor Statistics lost her job just a few weeks ago. I'm not sorry to see her go after I questioned the latest details of the employment report that seemed to rehash where job growth was coming from over the recent months. Recent reports from the Bureau:

Producer Price Index of 8/14
Consumer Price Index of 8/12
Jobs report of 8/1