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Economy

Bernardo de La Paz

(55,568 posts)

4. I think reflex cynicism is as bad as reflex credulity. Both should be avoided

Reply to gab13by13 (Reply #1)

Thu May 15, 2025, 08:57 AM

19 hrs ago

In this case, the unexpectantly is bad for the regime's case but the reflex is to distrust it just because. IF, big if, those numbers are cooked, why would the regime cook them against themselves.

Relax. Paranoia is sometimes justified, but not in this case.

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US wholesale prices unexpectedly drop 0.5% in April [View all] progree 19 hrs ago OP

You see that word "unexpectantly" is what makes me wonder gab13by13 19 hrs ago #1

Yup. The MarketWatch calendar's group of economists were predicting +0.3% in April for both the regular and core progree 19 hrs ago #3

I think reflex cynicism is as bad as reflex credulity. Both should be avoided Bernardo de La Paz 19 hrs ago #4

This is very good news for the regime -- wholesale prices dropping by 0.5% in April progree 19 hrs ago #6

Prices going down is deflationary. That is NOT good. Case of "careful what you wish for". Bernardo de La Paz 19 hrs ago #7

Not what I heard the head of the LA port say yesterday, gab13by13 19 hrs ago #10

He said there "might" be a rush to stock up. Tariffs on most Chinese stuff is 50% (20% pre-existing + 30% tRump) Bernardo de La Paz 19 hrs ago #11

Everything I read is that the tariffs on most Chinese goods is 30% -- the 10% universal tariff plus 20% as a sanction progree 19 hrs ago #12

Everyone I listened to said the tariff was 30% also. gab13by13 19 hrs ago #14

The PPI is quite volatile (edited) progree 19 hrs ago #13

Core PPI ex food&energy is down 0.4%, is it not? Month on month. Annualized it is up 3.1%, which is less than 4.0% March Bernardo de La Paz 19 hrs ago #15

I'm getting my Core PPI wo food & energy from Table A "Less Foods and Energy" progree 18 hrs ago #16

Very interesting to see the Jan-Apr month to month. Had not seen that together before. Thanks! . . . . nt Bernardo de La Paz 19 hrs ago #2

I'm glad you found it helpful 😊 progree 19 hrs ago #5

This also helps Krasnov push Powell gab13by13 19 hrs ago #8

"This also helps Krasnov push Powell to cut interest rates." - for sure /nt progree 19 hrs ago #9