JULY U.S. 🇺🇸 INFLATION DATA:
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- Yesterday
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US #inflation CPI in July: 3.4%Y, 0.1%M, core: 0.2%M, 2.5%Y, chart @bloomberg.com TV live
- Aug 12
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Except bond markets aren't buying the rate cuts and yields are basically as high as 3 years ago before there were any cuts. The fed has lost control. Investors are losing faith in America's ability to pay their debt without devaluing their currency via inflation.
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It’s really difficult to lie that I’ve not been cheating because all the boys can back me up that I’ve just been chilling with them, promise.
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Ah yes the part where you fully fnish the code and report but then you keep having to add more AND filters to the SQL to remove "outliers" because someone doesn't like the results.
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if they put the real numbers out then they have to sell bonds at that higher rate which then sort of fucks over the regarded people who have still been buying them but it also majorly fucks them over because they would have to pay much higher yields so we are just going pretend it's 3% for a few more years until we can get WW3 kicked off and you…
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There was a time where the country would freak out over 3.4% YOY inflation, but now this is good news? The market has lost the plot.