Uh oh, somebody's getting fired

[Meathead]

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.

So how did you figure it out? You're pretty much the stupidest poster on this site.

 

[Winston]

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?

Producer Price Index News Release summary - 2025 M12 Results

www.bls.gov

The BLS does not "blame" anything. They merely present the data. They did that under Biden and they are doing that under Trump, so far. For instance,

A quarter of the July advance in the index for final demand goods can be traced to
prices for fresh and dry vegetables, which jumped 38.9 percent.

Maybe you could make the argument that the steep increase is due to tariffs. But we are talking fresh and dry vegetables. Usually imports of those items drop in July as domestic production of things like tomatoes, watermelons, start to replace imports. I think maybe the INS raids in California have more to do with this than tariffs. The tariff hammer will be felt in the August numbers.

Thirty percent of the July rise in prices for final demand services can be traced to
margins for machinery and equipment wholesaling, which jumped 3.8 percent. The indexes for
portfolio management; securities brokerage, dealing, investment advice, and related services; traveler
accommodation services; automobiles retailing (partial); and truck transportation of freight also
advanced.

It really is amazing how the above ties back to the last months CPI report, where demand for financial services and automobiles were heating up. Naturally, producers increased their margins.

Nearly 20 percent of the July increase in the index for services for intermediate
demand can be attributed to a 3.2-percent advance in prices for securities brokerage, dealing,
investment advice, and related services.

 

[Winston]

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

While I would agree, these numbers are not as bad as I am sure many will make it out to be, there are some disturbing trends appearing. The tariff effects are just beginning. Where did I say they would start, and when, like months ago? Food, in July.

Forty percent of the broad-based increase in July can be
attributed to the index for final demand foods,

Maybe the biggest takeaway comes from this,

In July, prices for stage 4 intermediate demand advanced 0.8
percent, the largest rise since jumping 1.0 percent in January 2023.
In July, the index for stage 3 intermediate demand advanced 1.1
percent, the largest increase since moving up 1.2 percent in August 2023.
Prices for stage 1 intermediate demand increased 1.1 percent in July,
the largest advance since rising 1.3 percent in August 2023.

Here we are talking about goods "in the pipe". Diesel fuel, slaughtered poultry, food and alcohol wholesale prices, raw milk. Those increases will cascade into next month. The back to school shopping season, when I initially predicted, again, months ago, that the tariffs would start to show up in other goods besides food.

 

[1srelluc]

While I would agree, these numbers are not as bad as I am sure many will make it out to be, there are some disturbing trends appearing. The tariff effects are just beginning. Where did I say they would start, and when, like months ago? Food, in July.

Forty percent of the broad-based increase in July can be
attributed to the index for final demand foods,

Maybe the biggest takeaway comes from this,

In July, prices for stage 4 intermediate demand advanced 0.8
percent, the largest rise since jumping 1.0 percent in January 2023.
In July, the index for stage 3 intermediate demand advanced 1.1
percent, the largest increase since moving up 1.2 percent in August 2023.
Prices for stage 1 intermediate demand increased 1.1 percent in July,
the largest advance since rising 1.3 percent in August 2023.

Here we are talking about goods "in the pipe". Diesel fuel, slaughtered poultry, food and alcohol wholesale prices, raw milk. Those increases will cascade into next month. The back to school shopping season, when I initially predicted, again, months ago, that the tariffs would start to show up in other goods besides food.

Meh, a small price to pay for less dependance on foreign goods.

Then you fail to account for the investments made in US manufacturing so foreign companies can avoid tariffs. To discount that is to cheapen your argument.

 

[Dekster]

Who cares about the Mexicans?

Trump. He obsesses about them. Anyway, the Dow has only averaged 100.49 points per month under Trump which works out to an average of a little over 3 points a day. He has given back a month and a half worth of gains today.

 

[leftwinger]

Trump. He obsesses about them. Anyway, the Dow has only averaged 100.49 points per month under Trump which works out to an average of a little over 3 points a day. He has given back a month and a half worth of gains today.

Stupid spinning Wildbeast. Man made FLU launch killed all numbers, killed America. Russian collusion and anarchist blocking American progress tainted all numbers. But you know this?

2018-2019 had real steady sustainable growth (not GOVT spending) until your boys decided to try and kill the country with diseaseto steal 2020. Get off the boards you dumb cow.

 

[leftwinger]

Mac & CheeseDik must still be wet and foaming as I see major indexes all in the RED! Nearly 0.25% on avg! Woo-hoo they scream.

Not shocking on a FRI. Yawning. Traders want to unload and not get caught holding the bag thru a weekend if disaster. Yes, obidens new normal globally.

 

[Winston]

Meh, a small price to pay for less dependance on foreign goods.

Then you fail to account for the investments made in US manufacturing so foreign companies can avoid tariffs. To discount that is to cheapen your argument.

What a good little Trumpbot you are. Do you get some kind of morning news letter to tell you what to think?

First, the price is far from small. Currently, the overall effective tariff rate is 18.6%, the highest since 1933. That amounts to about two hundred dollars per household per MONTH. It was 2.4% in 2024, about $26 a month per household. I don't think Trump voters voted for an extra $174 a month coming out of their pockets just to have less dependence on foreign goods, nor do I think you can characterize that as a "small price to pay".

As to foreign investment in manufacturing. Admittedly, Q1 of 2025 was pretty good. We will see the Q2 numbers on September 11, oddly enough. They are released by the FED. I don't think you are going to see the pop you are expecting. Those manufacturers still have to get the components, and many of those are, wait for it, imported and subject to tariffs, like steel for instance.

 

[leftwinger]

What a good little Trumpbot you are. Do you get some kind of morning news letter to tell you what to think?

First, the price is far from small. Currently, the overall effective tariff rate is 18.6%, the highest since 1933. That amounts to about two hundred dollars per household per MONTH. It was 2.4% in 2024, about $26 a month per household. I don't think Trump voters voted for an extra $174 a month coming out of their pockets just to have less dependence on foreign goods, nor do I think you can characterize that as a "small price to pay".

As to foreign investment in manufacturing. Admittedly, Q1 of 2025 was pretty good. We will see the Q2 numbers on September 11, oddly enough. They are released by the FED. I don't think you are going to see the pop you are expecting. Those manufacturers still have to get the components, and many of those are, wait for it, imported and subject to tariffs, like steel for instance.

If it puts your boys to work off my $2T welfare spigot, it's a win. They won't have time or energy to daytime breed.//

 

[Winston]

If it puts your boys to work off my $2T welfare spigot, it's a win. They won't have time or energy to daytime breed.//

What the hell does that have to do with anything?

 

[The Duke]

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.

That a lot of businesses the leftards had shut down are never coming back and most of them were smaller?
You betcha!

 

[Moonglow]

That a lot of businesses the leftards had shut down are never coming back and most of them were smaller?
You betcha!

I bet you say that to all the franchise owners of Hooters.

 

[The Duke]

I bet you say that to all the franchise owners of Hooters.

I'm sure it took out some of Hooter's competition.
The smaller ones went under while the bigger corps could weather the shitstorm.

 

[HikerGuy83]

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

How a about a hard fact example.