February PPI #inflation +1.6% year/year vs. +1.2% est. & +1% prior; core PPI +2% vs. +1.9% est. & +2% in prior month
@LizAnnSonders #inflation demonstrates, yet again, why its referred to as the "Genie Out of its Bottle". The #Fed's next move is a HIKE not a cut.
@LizAnnSonders #grains #wheat #corn and #naturalgas came down so much that this cannot repeated. The same is true for fertilizers. Mirror image of #chip #tulip #bubble because soon #investors to realize that there is a new glass-beads trade going on. Get my newsletter at polarizer-trading.com
@LizAnnSonders Wow! Hot hot hot. No spinning this one.
@LizAnnSonders Fed said 3 cuts this year... fed is never wrong... right??
@LizAnnSonders shockingly a 5+% interest rate environment that never really had much impact on inflation in the fist place is in fact inflationary itself in the long run - imagine that 🤷♂️