On rare occasions, I’ll actually think of something smart and insightful to say, and I stumbled upon one of those instances during my tastylive broadcast. In mentioning that the PPI numbers would be out soon, I off-handedly remarked that even though the CPI numbers showed no inflation, perhaps the PPI numbers would come in hot since they are further up on the supply chain and might be affected by the tariffs first. It was just a throwaway line, but lo and behold, the numbers just came out and the PPI is almost FIVE TIMES the anticipated value. How’s 10.8% inflation sound, everybody?