CPI comes in below estimates - July MoM unchanged, YoY 8.5% vs 8.7% estimates

I said as much yesterday. It’s political games. Buy buy buy.

These numbers are fake

The more important question is who do you want as bunk mate in the fema camp

Never was a recession. Buy buy buy!!

The stock market is a Ponzi scheme so they can get out of paying you a pension

If there was no stock market we could do our 8 hour shift at the factory then go get drunk at the bowling alley and then go home to a home cooked meal from our loving not fat wives

True.

It's hilarious to me that shelter being the largest component of CPI (33% i think) and they are reporting 5.7% YOY increase.

Is there a single person reading that who believes real estate prices and rent have only gone up 5.7%?

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It's hilarious to me that shelter being the largest component of CPI (33% i think) and they are reporting 5.7% YOY increase.

Is there a single person reading that who believes real estate prices and rent have only gone up 5.7%?

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I think it's believable because 5.7% is still a lot of money. The median home price a year ago was $410k so a 5.7% increase is an extra $24k.

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Is there a single person reading that who believes real estate prices and rent have only gone up 5.7%?

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When did the rent moratorium's end?

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Is there a single person reading that who believes real estate prices and rent have only gone up 5.7%?

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Is there any discount applied to the increase in real estate based on portion of population who rents or moved within the last year. For instance there is a large portion who are still in their same home and maybe even refinanced last year that lowered their shelter cost of living. This to me seems trickier than most straight forward expenses. People aren't buying their gasoline, groceries, etc. on 30 year fixed terms.

The numbers being fake is irrelevant in this context, the numbers are down. That's the story.

Nope just sharing facts