Biden is screwing the middle class. There is a reason. Trump built it up.
Prices are still increasing BTW....... Consider the observation "field intelligence."
https://www.msn.com/en-us/news/opin...-dont-count-on-him-being-right-now/ar-AAWr1Ll
Is inflation on the downslide? Some claimed that the dire inflation numbers last week came with a ray of hope.
Bank of America analysts said inflation has “likely peaked.” Reuters also reported that inflation has likely peaked. Forbes tells us that experts believe inflation has topped out, and that consumer inflation likely peaked in March. Investor’s Business Daily and MarketWatch also say we are “likely” at the summit.
That is good news, if true. But we have heard it before.
In February, Fortune told us that inflation likely peaked months ago. Not quite. In September, S&P Global claimed that “inflation readings likely peaked in the second quarter.” If only.
Way back in July, Reuters reported that “inflation has likely peaked.” Say again? And in June, Business Insider consulted another expert who said “inflation likely peaked in March.” Wishful thinking.
One note of concern in the most recent data is that the producer price index is rising faster than consumer prices. Historically, this tends to indicate more inflation ahead, not less, and the jump in March was the highest on record.
Prices are still increasing BTW....... Consider the observation "field intelligence."
https://www.msn.com/en-us/news/opin...-dont-count-on-him-being-right-now/ar-AAWr1Ll
Is inflation on the downslide? Some claimed that the dire inflation numbers last week came with a ray of hope.
Bank of America analysts said inflation has “likely peaked.” Reuters also reported that inflation has likely peaked. Forbes tells us that experts believe inflation has topped out, and that consumer inflation likely peaked in March. Investor’s Business Daily and MarketWatch also say we are “likely” at the summit.
That is good news, if true. But we have heard it before.
In February, Fortune told us that inflation likely peaked months ago. Not quite. In September, S&P Global claimed that “inflation readings likely peaked in the second quarter.” If only.
Way back in July, Reuters reported that “inflation has likely peaked.” Say again? And in June, Business Insider consulted another expert who said “inflation likely peaked in March.” Wishful thinking.
One note of concern in the most recent data is that the producer price index is rising faster than consumer prices. Historically, this tends to indicate more inflation ahead, not less, and the jump in March was the highest on record.
