Bigworld, Thanks for the Rinear update.
Without Trump's inflationary tariff boondoggle, the Fed would have lowered % rates early in Jan / Feb. But the Fed couldn't ease, the economy is now sputtering, and the tariff inflation is just beginning. So a real mess, and the dreaded stagflation will soon be upon us in earnest.
This week's CPI / PPI will provide another data point, but as Rinear said, these numbers are routinely 'cooked', so who knows. A helluva way to run a railroad.
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