Non-Transitory Inflation and Falling Interest Rates

Tue, Nov 9, 2021 - 9:38am

No that's not the world's longest oxymoron. Instead, it's what we have again today following the latest update on producer prices in the U.S. So why in the world would this be happening? Why would bond traders suddenly be buying as if the "Fed Put" was still in place? Well, if you've been following along here at TFMR over the past few days, then you likely know my answer.

So let's get right to it. Here are your latest Producer Price numbers. Do you see any "transitory" numbers here or do you see persistent and worsening inflation leading to stagflation?...

About the Author

tfmetalsreport [at] gmail [dot] com ()

47 Comments on Non-Transitory Inflation and Falling Interest Rates

Subscribe or login to read all comments.

Become member and subscribe to Turd's Vault


Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 11/22

11/23 9:45 ET Markit Nov Flash PMIs
11/24 8:30 ET Q3 GDP 2nd guess
11/24 8:30 ET Durable Goods
11/24 10:00 ET Personal Inc and Spend
11/24 10:00 ET Core Inflation
11/24 10:00 ET UMich Consumer Sentiment
11/24 10:00 ET Five-year Inflation Exp.
11/24 2:00 ET November FOMC minutes

Recent Comments

by OceanX, Nov 28, 2021 - 8:37pm
by Fargo Rodger, Nov 28, 2021 - 8:08pm
by naegling11, Nov 28, 2021 - 8:05pm
by CC Horses, Nov 28, 2021 - 8:04pm