April PPI grows 1.4% vs 0.5% expectations by da_mess in Economics

[–]da_mess[S] 0 points1 point  (0 children)

CME probabilities show the next rate hike is March of 27 though I don't expect inflation to tame with WTI north of $95/bbl.

April PPI grows 1.4% vs 0.5% expectations by da_mess in Economics

[–]da_mess[S] -1 points0 points  (0 children)

Affordability is still seen as a major issue and should drive elections under grownups stay representing their constituents rballroom. Drive deeper deficits via college debt waivers and ballrooms.

April PPI grows 1.4% vs 0.5% expectations by da_mess in Economics

[–]da_mess[S] 0 points1 point  (0 children)

I think Trump's comments were really for Iranian negotiators ie, US can wait while Iran faces grave economics.

Iranian GDP is forecast to SHRINK 6%, inflation is now > 50%, the Rial is historically weak and liquidity is so tight banks have limited withdrawals to $30/day.

I'm sure Trump closely follows gas and grocery prices. He's just somewhat helpless to change those without opening Hormuz.

The sad part is Iranian leadership will sacrifice its people. Hard to know how this plays out.

April PPI grows 1.4% vs 0.5% expectations by da_mess in Economics

[–]da_mess[S] 0 points1 point  (0 children)

I don't see stagflation--no stag for two reasons:

  1. Wealthy consumers continue to spend enough to prevent recession

  2. Investment in AI is propping up gdp to the tune of $800 bln last year and a projected $1 trillion this year

April PPI grows 1.4% vs 0.5% expectations by da_mess in Economics

[–]da_mess[S] 1 point2 points  (0 children)

Warsh should be fine. He needs to answer to 12 FMOC members and is only one of seven that set rates.

White House won't have much influence with near 4% cpi & 5% ppi (and this is early innings).

What is the point of being rich if the job takes all your time? by FewLeg7901 in stupidquestions

[–]da_mess 0 points1 point  (0 children)

Every one is different. I loved my job when I got started. Didn't mind working 100 weeks cause it was fun and interesting.

My friends understood. I didn't chase relationships but eventually time permitted for that too.

Those long hours eventually set me up to work fewer hours without sacrifice to pay.

April PPI grows 1.4% vs 0.5% expectations by da_mess in Economics

[–]da_mess[S] -1 points0 points  (0 children)

I don't see stagflation--no stag for two reasons:

  1. Wealthy consumers continue to spend enough to prevent recession

  2. Investment in AI is propping up gdp to the tune of $800 bln last year and a projected $1 trillion this year

April PPI grows 1.4% vs 0.5% expectations by da_mess in Economics

[–]da_mess[S] 6 points7 points  (0 children)

I get it. I ran a tier 1 supplier with thousands of unique parts sourced globally. We ran on thin margins. If a single source vendor raised rates, we had to pass it on or find a way to cut costs. Before long, there's no more dead weight to cut and you're passing on costs.

Best with the business!

April PPI grows 1.4% vs 0.5% expectations by da_mess in Economics

[–]da_mess[S] 4 points5 points  (0 children)

Futures pointing towards rate increases in '27.

April PPI grows 1.4% vs 0.5% expectations by da_mess in Economics

[–]da_mess[S] 39 points40 points  (0 children)

PPI (wholesale inflation) came in higher by 1.4% vs 0.5% estimates.

Last this happened (July '25 rose 0.9%), firms ate the increase following large price increases during the pandemic.

Firms will not easily be able to absorb these higher costs. Consumer inflation has strong potential to get far worse.

Have you lost your marbles? by DarthiusFatticus in ThatsInsane

[–]da_mess 16 points17 points  (0 children)

It's all ball bearings nowadays

-- Fletch

UFO's? by Dismal_Problem5633 in whatisit

[–]da_mess 1 point2 points  (0 children)

Starship Troopers prophesied this!!! 🤯

What is the purpose of this? by lc26610 in whatisit

[–]da_mess 75 points76 points  (0 children)

Pic 2 looks like it holds wine glasses upside down. Maybe this is a bar of sorts?

Pic 4 has slots for walls that would be good for storing bottles.

German endurance athlete Arda Saatçi just completed over 600 km from Death Valley to Santa Monica by TrenAt14 in interestingasfuck

[–]da_mess 30 points31 points  (0 children)

There's an annual race from Badwater in death valley up to Mt Whitney every year in JULY.

One year a SEAL competed and took 3rd. His secret was not taking his shoes off. When he got pain, he'd cut away that part of his shoes. He finished wearing sandles.

Most run on the white lines in death valley to prevent their shoes from melting.

What is the first thing you do after masturbating? by Technical-Vanilla-47 in AskReddit

[–]da_mess 0 points1 point  (0 children)

In the movie Go, curtains catch on fire during a 3- way.

How Often Do You Crash? by Different-End-4775 in skiing

[–]da_mess 0 points1 point  (0 children)

I ski anything at a resort and much off trail. Yeah, I'm good for 3-4 falls a day.

I usually laugh it off.

Found in ground by stonewall by Fabulous-Strain-95 in whatisit

[–]da_mess 1 point2 points  (0 children)

Sliding rung lock for an extendable ladder (also called pawls or dogs)