WHOLESALE PRICES DETONATE... (AND ITS FAR FROM OVER).
From Greg M
Lions. This is exactly the contagion chain moving from energy shock into the real economy. CLICK HERE.
Producer prices jumped 1.4% in April, way above the expected 0.5%, and the annual wholesale inflation rate hit 6.0%, the highest since late 2022.
CONTAGION………… HIGHER prices are now in the pipeline. They hit businesses first. Then businesses raise cons…



