Discussion about this post

User's avatar
Jason Van Gaal's avatar

Was definitely not a disinflationairy print.

Durable goods are reflating. Surprisingly even large ticket consumer discretionary started trending up again.

If oil spikes above 80, watch out, we will be printing 8%+ again.

Powells begining of disinflation comment starting to seem a little like his "transitory" one in late 2021.

Expand full comment

No posts