iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,431 Blog Posts

Will the CPI Numbers Come in Hot?

Of course they will you dumb son of a bitch.

Raw commodities, 1 mo returns

That’s a mean of 3.55% over 1 month. Meanwhile you cunts thought inflation was abating and yet here we are FUCKED in cotton, corn, uranium, coffee, nickel, soy boyyyyyy.

Numbers come in hot, yields take off and your dicks get guillotined right the fuck off. If by chance numbers are light, they’re rigged. If in line, fade any bump. Basically hope for rigged and then deal with inflation in real life whilst the govt tells you that shit doesn’t exist.

 

You dumb cunts.

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4 comments

  1. metalleg

    They need an excuse to keep raising rates so if it’s rigged, it’ll be rigged higher. Not that they’ll need to rig it higher but the only justification to rig lower would be for the mid terms or a pivot but it’s too early for that.

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  2. roguewave

    Rigging is a given – National security and all. It’s just a matter of degree.
    Payroll increases are not cooling. 10% of the wokers are disabled – unable to work again, ever. Others who just up and died for unknown causes will not be clocking in for work tomorrow. Small businesses can’t take new work on – no people.

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  3. roguewave

    Rumor has it, wetbacks will be decreed eligible to vote by the emperor 2 wks before midterms. It will be months before it hits the courts and moot at that point.

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  4. roguewave

    @zerohedge
    And this is why gas prices keep dropping: The Biden admin drained 8,4MM barrels from the SPR last week, the biggest weekly drain in history.

    All hell breaks loose when they refill – mid+ Nov

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