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I guess the inflation from the tariffs is still lagging

Posted on 10/24/25 at 8:04 am
Posted by stout
Porte du Lafitte
Member since Sep 2006
178920 posts
Posted on 10/24/25 at 8:04 am
Roger said it's a lagging indicator so how much of a lag?



Posted by stout
Porte du Lafitte
Member since Sep 2006
178920 posts
Posted on 10/24/25 at 8:04 am to
Posted by jrodLSUke
Premium
Member since Jan 2011
25581 posts
Posted on 10/24/25 at 8:05 am to
quote:

so how much of a lag?

Two weeks behind Italy.
Posted by stout
Porte du Lafitte
Member since Sep 2006
178920 posts
Posted on 10/24/25 at 8:06 am to



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It's still insane we are nowhere near the target of 2%
This post was edited on 10/24/25 at 8:08 am
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
92442 posts
Posted on 10/24/25 at 8:08 am to
Roger has never ever been right about anything

Its actually impressive. Keep the cuts coming
Posted by CAD703X
Liberty Island
Member since Jul 2008
90847 posts
Posted on 10/24/25 at 8:08 am to
The OT spun these numbers as the apocalypse.
Posted by BurlesonCountyAg
Member since Jan 2014
4512 posts
Posted on 10/24/25 at 8:09 am to
Roger will explain this to us very soon
Posted by BeeFense5
Kenner
Member since Jul 2010
42133 posts
Posted on 10/24/25 at 8:10 am to
Are we supposed to be excited about these numbers? What’s the win that I’m missing?
Posted by stout
Porte du Lafitte
Member since Sep 2006
178920 posts
Posted on 10/24/25 at 8:12 am to
No. 3% is still too high. It's the fact that tariffs are not playing a role as many predicted.

To his credit, Penn has been reminding everyone that tariffs are not neutral, and he's been correct.

ETA: I also suspect that Trueflation is actually lower. SDV usually posts those numbers
This post was edited on 10/24/25 at 8:13 am
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
92442 posts
Posted on 10/24/25 at 8:14 am to
quote:

also suspect that Trueflation is actually lower


2.3 today so we are at target and have been for some time now

I love how LSURussian cant handle that data but trusts the gold standard of the bls
Posted by CAD703X
Liberty Island
Member since Jul 2008
90847 posts
Posted on 10/24/25 at 8:15 am to
Like I said on the OT, I paid $2 for a dozen eggs yesterday and filled up for $2.32 a gallon.

Meanwhile Peppermint Pattie and Black Elmo told me for 4 years there was no inflation while I was paying $4 for a gallon of gas and $7 for a bag of Doritos.
Posted by Ten Bears
Florida
Member since Oct 2018
4657 posts
Posted on 10/24/25 at 8:18 am to
quote:

It's still insane we are nowhere near the target of 2%


Well we were trending in the direction a few months ago.

It’s funny to point out that inflation is actually getting worse, but just not as quickly “as expected”.

Posted by Penrod
Member since Jan 2011
51534 posts
Posted on 10/24/25 at 8:21 am to
Guys, y’all are committing self-owns in this thread. First, 3% is high and increasing. Second, the idea that the stock market going up makes it all better is economic illiteracy. The stock market HAS to go up with inflation in order for companies to retain their value.

There is an argument to make about the tariff inflation sky-screamers, but these aren’t it. The argument is that tariffs act more like a tax. They will eventually result in a bump in prices but will not cause an inflationary cycle.
Posted by stout
Porte du Lafitte
Member since Sep 2006
178920 posts
Posted on 10/24/25 at 8:21 am to
quote:

Meanwhile Peppermint Pattie and Black Elmo told me for 4 years there was no inflation while I was paying $4 for a gallon of gas and $7 for a bag of Doritos.



From my business standpoint, materials have fallen or remained flat despite tariffs

Lumber is down nearly 7%
Sheetrock is flat
Paint flat
Finish like tiles flat
Copper is up, though.

Compared to Biden's years the building material industry is finally stabilizing even with pressure from tariffs.
Posted by the808bass
The Lou
Member since Oct 2012
124665 posts
Posted on 10/24/25 at 8:22 am to
Inflation is lagging, in part, because the economy is lagging.

Just my opinion.
Posted by RohanGonzales
Member since Apr 2024
7638 posts
Posted on 10/24/25 at 8:23 am to
Is the fricking bat signal broken? I came here to count posts, point a finger, and laugh.
Posted by stout
Porte du Lafitte
Member since Sep 2006
178920 posts
Posted on 10/24/25 at 8:24 am to
quote:

Well we were trending in the direction a few months ago.


You mean in July? One month?
Posted by the808bass
The Lou
Member since Oct 2012
124665 posts
Posted on 10/24/25 at 8:25 am to
None of the products we deal with are down. We’ve had two to three price increases per manufacturer this year. Maybe one more coming for some.
Posted by BTROleMisser
Murica'
Member since Nov 2017
8496 posts
Posted on 10/24/25 at 8:27 am to
Here come the panicans…
Posted by stout
Porte du Lafitte
Member since Sep 2006
178920 posts
Posted on 10/24/25 at 8:28 am to
quote:


Inflation is lagging, in part, because the economy is lagging.

Just my opinion.



People are still living on credit

I will tell you that the amount of new foreclosures I have taken on for lenders, especially in Lafayette, is far outpacing 2023 and 2024. The next nationwide quarterly foreclosure report will be interesting but for sure Louisiana is a lot worse off than people probably realize. Every time oil dips, Laffy struggles but we are busy in all of Louisiana. Even Lake Charles, despite billions being spent on new LNG plants.

Other states I cover are picking up too. Got 3 new properties yesterday in Virginia Beach.
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