Wednesday, February 14, 2018

That's It? Where's My Inflation?

Clothing?
This was supposed to be the most important CPI release in 30 years.
More like 30 minutes.

Millennials aren't buying clothing so the Bloomberg headline "U.S. Consumer Prices Rise More Than Forecast on Apparel Costs" isn't going to help those shorts in the 10-year.

We need "Pet Supply Prices Spiraling Higher".

Or something.