Perfect Storm Alert: Inflation At 4%, Global Oil Stocks Lowest In 56 Years
Today was inflation report day, and we got a lot more of it—the Donald’s endless claims that “Joe Biden’s inflation” is all gone to the contrary notwithstanding. In fact, the…
Written byDavid StockmanSource: David Stockman's Contra Corner
Today was inflation report day, and we got a lot more of it—the Donald’s endless claims that “Joe Biden’s inflation” is all gone to the contrary notwithstanding. In fact, the headline number racked up a gain of +4.2% on a Y/Y basis, and that’s about exactly where it was back in April 2021 just after […]
You need to login to view this content.
David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the mar