Post #77432 by Steve203 on the Falling Knives board

Investment Strategies / Falling Knives

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Well, it turns out that the Pedo Don administration is as bad for the American economy as a pandemic.

Wholesale prices in April posted their highest annual increase in more than three years, signaling more nettlesome inflation as pipeline costs intensify.

The producer price index rose a seasonally adjusted 1.4% for the month, much higher than the 0.5% Dow Jones consensus forecast and the upwardly revised 0.7% March increase, the Bureau of Labor Statistics reported Wednesday. This was the largest monthly gain since March 2022.

Huh. Wholesale prices must have TDS.

The Fed's gonna have to consider raising interest rates but Pedo Don is gonna have rates cut and strike a match to the inflation bonfire.

Buckle up, buttercups.

https://www.cnbc.com/2026/05/13/ppi-inflation-repo...

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and strike a match to the inflation bonfire.

As I was watching the news about the rising inflation rate, I thought about the fact that, being on Social Security, I have a COLA for the first time since the 70s.

Steve

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