Inflation or Deflation 03 (Jan 24 - Dec 27)

[behappyalways]

CPI Reality Check: Chick-Fil-A Has Hiked Prices 21% In Just Two Years

https://www.zerohedge.com/markets/cpi-r ... -two-years

[behappyalways]

Pepsi-Cola and Lay's Potato Chips are no longer sold in 4 European countries!
Carrefour takes advantage of PepsiCo, "the price rise is too fierce"

百事可樂.樂事洋芋片歐洲4國不賣了！家樂福槓上百事集團"漲太兇"｜非凡財經新聞｜20240105

https://m.youtube.com/watch?v=hDYuF__klEg

[winston]

Another Supply Chain Crisis Is Heating Up

by Michael Salvatore

Danish shipping giant Maersk has said it will reroute vessels to avoid the Red Sea, instead moving them around the southern tip of Africa — a move that’s expected to cost $1 million in extra fuel per round-trip from Asia to Northern Europe.

Source: TradeSmith

https://tradesoftheday.com/2024/01/10/a ... eating-up/

[behappyalways]

Did you know Atlanta Fed also has a PCE forecast
https://twitter.com/zerohedge/status/17 ... 6466445650

[behappyalways]

Food prices in Korea and abroad have skyrocketed.
Office workers save money by eating in staff restaurants

韓外食物價漲翻天 上班族吃員工餐廳省錢｜FOCUS午間新聞 20240126 @tvbsfocus

https://m.youtube.com/watch?v=1IRKqQdftqI

[behappyalways]

You won't get much "annualized CPI is plunging" commentary today.

3M annualized CPI 4%, up from 3.3%
6M annualized CPI 3.7%, up from 3.2%
https://twitter.com/zerohedge/status/17 ... 3408904249


Global Inflation Rates...
https://twitter.com/charliebilello/stat ... 1200112066

[winston]

The ‘Inflation Illusion’ Still Haunts the Economy

by Sean Michael Cummings

The truth is, the rate of inflation has dropped in the past 18 months. It’s not an immediate headwind for the economy and stock market.

As long as the fear of “catastrophic inflation” has its hooks in the American consumer, folks will only be able to see downside that isn’t there.

This is a recipe for irrational selling… But for courageous investors, it’s setting up a chance to get in cheap and go long.

Source: Daily Wealth

https://dailytradealert.com/2024/03/12/ ... e-economy/

[behappyalways]

The price of food outside the United States increased by 5.2%; the price of fast food increased and the number of visitors decreased

美外食價格上漲5.2% 速食漲價來客減少｜FOCUS午間新聞 20240312 @tvbsfocus

https://m.youtube.com/watch?v=8NgqylC8ZZE

[behappyalways]

Larry Summers openly admitting a few weeks ago that if CPI were calculated as it were in the 1970s it would have peaked at 18% in 2023.
https://twitter.com/john_at_swan/status ... 1416303863

[behappyalways]

One bento is not enough to eat two 2.0? South Korea's CPI rises.

一個便當吃不飽吃兩個2.0？南韓CPI上升 尹錫悅逛超市失言稱"蔥價合理" 民眾嗆:政府作秀│記者 徐宇麒│【國際大現場】20240327│三立新聞台

https://m.youtube.com/watch?v=MozP7a3QTuQ