Today's Ugly PPI Inflation Report Is Further Confirmation That Trump Is A Titanic, Vainglorious F*ck Up

[Yo_Mama_Been_Loggin]

Hopium Chronicles By Simon Rosenberg


Friends, we got another bad economic report this morning - one of the three main inflation gauges, the Producer Price Index, came in way above expectations in February. Here’s CNBC:

Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy costs.

The producer price index, a measure of pipeline costs that producers receive for their products, increased a seasonally adjusted 0.7% on the month, the Bureau of Labor Statistics reported Wednesday. Excluding volatile food and energy costs, the so-called core PPI increased 0.5%.

Economists surveyed by Dow Jones had been looking for increases of 0.3% for both measures.

https://mail.yahoo.com/n/list/folders=1&listFilter=ALL_INBOX/messages/521456

[Midnight Writer]

1. Just my regular reminder that these bad numbers come from Trump's "reformed" Bureau of Labor Statistics.

He fired everyone in federal government who released bad (honest) figures measuring his economy.

Who the hell knows what the real numbers are.

If the numbers they are releasing are bad, what numbers are they hiding?