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Somebody's gonna be wrong

The Compound and Friends

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CPI and PPI - The Trend Is Not Going to Reverse Back Higher

CPI was up 0.1% month over month, which is about as low as it's been in the past since 2022. The trend is probably not all of a sudden going to reverse back higher than 2%. PPI charts are just terribly, this doesn't seem to be market moving the way that CPI is. But there's all sorts of stories that could be demand softening or input prices rising.

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