Mind The Incoming—It’s Real Stagflationary

Me thinks it’s sticky and then some. We are referring to today’s release of the Fed’s favorite sawed-off inflation ruler—the PCE deflator. The headline number was up by 5.04% on a Y/Y basis in February, which was held to be progress from the 5.36% reading posted in January. But lurking below the surface was this […]
You must be a Stockman's Corner member in order to view this post, subscribe to Monthly Subscription, Quarterly Subscription or Annual Subscription.