Just saw this on Twitter/X nice summary: You can't make this up:...

Just saw this on Twitter/X nice summary:

You can't make this up:

1. Core CPI inflation is now rising for the first time in 18 months
2. Headline PPI inflation is now rising for the first time since June
3. Last month's PPI inflation number was revised HIGHER
4. Core PPI inflation is now up for 2 straight months
5. Last month's Core PPI inflation number was revised HIGHER

How did the Fed just declare victory against inflation?

And the Fed just cut 50 basis points? lol. Traders/investors want more cuts on top? We gonna party like its the 1980's again:




P.S. Nice summary as I said will cross check later to ensure every number is correct if I get the time hehehe. But this poster always been spot on in the past.