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Tomorrow morning, an hour before the opening bell, we get the first post-election CPI report. The laughable projection is that inflation is meekly ambling along at 2.7% (which explains why every month my credit card bill is way into the quadruple digits), but it’ll be interesting to see if the government actually produces something closer to reality like, oh, say, 15%. Here’s what we’re supposed to believe:
My keyboard was acting a little funny, so I decided to get a replacement. This was the keyboard price I paid a few years ago…….a little over $60:
THIS is the exact same keyboard today. No thank you!
Thanks, Biden!
Yesterday morning we got the CPI. This morning, we got the PPI. Every single Forecast was matched to the exact, precise level with the Actual number. Spooky how this government data works, isn’t it? Sure is nice to live in a country with almost no inflation! Garsh!
The hysterically predictable CPI numbers came out, and with the accuracy of a fine Swiss watch. I will tell you once more, you are expected to believe inflation is a mere 2.6%. Yep.
For months, the VIX has ambled between 14 (utter complacency) and 24 (what counts as “fear” in this government-wet-nurse environment.). We are at the bottom of the range right now.
