Economy Inflation comes in lower than expected, lowest since 2021

[PaddyO'malley]

#GreatNews ! Hopefully soon we was been able to go back unto standard 3 meal per day instead of 2

This period of suffer it was only making USA Strong and Resilient Peoples, now our march it was soon to become over ‍

God bless our Eternal Champion #DonaldTrump !

 

[CantCucktheTuck]

4 months in and the wins just keep coming.

 

[Corona]

I haven't read any of the article but I'm just gonna say if its good its cuz Bidgoatnomics imo.

 

[Rob Battisti]

What do you attribute the increase in computer prices too?

What does that have to do with CPI being 2.3%?

The ~2% increase in that space is likely due to the threat of tariffs. Is this some kind of gotcha?

 

[Satsui Ryu]

So is this Trump's or Biden's economy? Has Trump decreed it yet? Also so are we just looking at rate of inflation now or actual prices? Also, where do we actually stand with tariffs around the world?

 

[cottagecheesefan]

What does that have to do with CPI being 2.3%?

The ~2% increase in that space is likely due to the threat of tariffs. Is this some kind of gotcha?

You see JP Morgan just changed their forecast and no longer predict recession? These kiddos are BIGLY mad.

 

[nostradumbass]

Biden did this from beyond the grave!

 

[CubicleGangster]

You see JP Morgan just changed their forecast and no longer predict recession? These kiddos are BIGLY mad.

I thought you ignored hypothetical opinions of things that may or may not happen?

 

[avenue94]

What does that have to do with CPI being 2.3%?

The ~2% increase in that space is likely due to the threat of tariffs. Is this some kind of gotcha?

No, it's an illustrative example of how supply chains worked. What everyone bought in Q1, that was stockpiled from Q4 for most products. People also tend not to consider the fact that most retailers have notice periods for MSRP changes (Best Buy usually does 45 day notice).

The reason you saw computers lead inflation was because it's the a leaner supply chain and more vulnerable, not to mention mid-refresh. Almost all the price increases you saw there was from February's China tariffs, nothing after.

TLDR: I brought up computers because most tariff price changes have yet to be factored into a channel level. IE, something like a display panel for a TV or monitor is around a quarter's lead time for cargo ships, so every brand right now is waiting and hoping tariffs are clarified soon so they don't have to fly stock for Black Friday.

 

[BFoe]

Tears flowing, cheeks red, snot running down his face.

From laughing so hard at your posts, I imagine.

 

[Rob Battisti]

No, it's an illustrative example of how supply chains worked. What everyone bought in Q1, that was stockpiled from Q4 for most products. People also tend not to consider the fact that most retailers have notice periods for MSRP changes (Best Buy usually does 45 day notice).

The reason you saw computers lead inflation was because it's the a leaner supply chain and more vulnerable, not to mention mid-refresh. Almost all the price increases you saw there was from February's China tariffs, nothing after.

TLDR: I brought up computers because most tariff price changes have yet to be factored into a channel level. IE, something like a display panel for a TV or monitor is around a quarter's lead time for cargo ships, so every brand right now is waiting and hoping tariffs are clarified soon so they don't have to fly stock for Black Friday.

Okay? So you think it’s coming. Good for you?

Truflation has it at 1.68%(a better indicator) with a slight increase in the last 3 weeks.

JP needs to lower rates. The bond market is scared. That’s the bigger risk by far.

 

[avenue94]

Okay? So you think it’s coming. Good for you?

Truflation has it at 1.68%(a better indicator) with a slight increase in the last 3 weeks.

JP needs to lower rates. The bond market is scared. That’s the bigger risk by far.

I think more inflation is likely given how long lead times are for consumer pricing. Personally it's bad for me since it makes work hell, aside from the obvious bigger picture impacts.

Again, you've never been able to explain why Truflation is better aside from not using hedonic adjustments. Nor have you ever been able to describe their basket and methodology, let alone why it's superior to any of the many CPI's out there.

 

[Rob Battisti]

I think more inflation is likely given how long lead times are for consumer pricing. Personally it's bad for me since it makes work hell, aside from the obvious bigger picture impacts.

Again, you've never been able to explain why Truflation is better aside from not using hedonic adjustments. Nor have you ever been able to describe their basket and methodology, let alone why it's superior to any of the many CPI's out there.

We’ve gone over it at length. Saying I wasn’t able to explain it isnt accurate. You simply weren’t convinced. Which is fine.

 

[avenue94]

We’ve gone over it at length. Saying I wasn’t able to explain it isnt accurate. You simply weren’t convinced. Which is fine.

If I recall, I asked you how exactly they collected data and weighed it, and you had nothing to share there. Hence my confusion you keep citing it as the bestest CPI in the world despite very few folks buying from them.

 

[nostradumbass]

from your own source
"The report suggests the tariffs haven’t yet impacted the prices of many items. "
"It will likely take more time for the full impact of the duties to be reflected in prices across U.S."

Not really the win you think it is....

Um, yes, it is. It means both that the "high prices" libs have been crying about haven't even happened and are now stuck with "oh yeah, well maybe they'll happen later", and the clowns who've been trying to short the market have been annihilated in the biggest marketwide short squeeze in history.

What it did instead was the whole point of them, to spur companies to pledge trillions in investment into the US, and then gradually lower the tariffs.

 

[cottagecheesefan]

I thought you ignored hypothetical opinions of things that may or may not happen?

I do ignore them. Just like in the tariff thread, I said those forecasting a recession are fear mongering so that they can manipulate the market and buy the dip, and that the market will recover in a few weeks or couple months and they make a bunch of money.

Now they made their money and want the market to continue to rise, now that they bought the big dip.

That is not me buying into their hypothetical, it was/is my opinion of how these institutions operate. Seems I was pretty accurate, wow

 

[CubicleGangster]

Um, yes, it is. It means both that the "high prices" libs have been crying about haven't even happened and are now stuck with "oh yeah, well maybe they'll happen later", and the clowns who've been trying to short the market have been annihilated in the biggest marketwide short squeeze in history.

The article itself details the rise in prices that have already occurred. Did you read it?

What it did instead was the whole point of them, to spur companies to pledge trillions in investment into the US, and then gradually lower the tariffs.

I must have missed the trillions in the report

 

[Seano]

From laughing so hard at your posts, I imagine.

No amount of white knightery can right these tragic events of the day for him.

In other words- lighten up, cuntface. We're all just trying to have a good time, right?

 

[CubicleGangster]

I do ignore them. Just like in the tariff thread, I said those forecasting a recession are fear mongering so that they can manipulate the market and buy the dip, and that the market will recover in a few weeks or couple months and they make a bunch of money.

Now they made their money and want the market to continue to rise, now that they bought the big dip.

That is not me buying into their hypothetical, it was/is my opinion of how these institutions operate. Seems I was pretty accurate, wow

So you ignore experts when they disagree with you but then pay attention when they agree with you?

 

[cottagecheesefan]

So you ignore experts when they disagree with you but then pay attention when they agree with you?

No, I always pay attention to them. That is why I knew to buy the dip, because I was paying attention to the hysteria they were creating. And I am paying attention now to know not to sell for a quick gain because based on them now saying this, I anticipate the gains will continue.

Simple as