PPI just came in at the hottest reading in 4 years.
Not a surprise if you've been watching commodity prices, freight rates, and input costs creep up. But it's another data point that kills the "inflation is dead" narrative.
The Fed's job just got messier. They want to cut rates to support growth, but sticky services inflation + rising producer costs = a very uncomfortable combo.
Markets hate uncertainty. This is uncertainty.
Don't panic, but don't ignore it either. If you're overexposed or overleveraged, this is your reminder that macro still matters.
Not a surprise if you've been watching commodity prices, freight rates, and input costs creep up. But it's another data point that kills the "inflation is dead" narrative.
The Fed's job just got messier. They want to cut rates to support growth, but sticky services inflation + rising producer costs = a very uncomfortable combo.
Markets hate uncertainty. This is uncertainty.
Don't panic, but don't ignore it either. If you're overexposed or overleveraged, this is your reminder that macro still matters.