Lions.
We got more info on inflation, (currency devaluation), this morning.
The Fed’s favorite metric, the PPI, came in higher than expected… Really? no one saw this coming?! Wholesale prices gained .4%
With that, jobless claims came in at a two month high…
Imagine OUR shock…
GM
So of course metals sell off when inflation is higher
“The market can stay irrational longer than you can stay solvent.”
You know that it is getting bad when their cooked numbers rise