Surging headline inflation again in May but relatively benign reading on core, though the Fed's preferred gauge of core PCE inflation should stay at an uncomfortable 3.3% y/y. The end of housing disinflation may be a developing story
The signal from the ISM Non-Manufacturing employment index contradicts seasonally adjusted ADP and is a statistically significant predictor of nonfarm payrolls
We are not angry enough--a whistleblower provided evidence a DOGE brat stole social sec data & sold it to a Palantir contractor. Our data is used to sell services back to the govt at taxpayer expense for big profits. That is OUR data. Instead of investigating the whisteblower is threatened ðŸ˜