Thursday, May 28, 2026

Trump inflation is Bush-league: PCE inflation goes boing, core PCE inflation 3.3% year over year takes us back to early 1992

And you remember what happened to Bush 41 in 1992.

 

boing

Trump's core pce inflation is Bush-league (41!)


Real GDP in 1Q2026 second estimate revised lower from 2.0% annualized to 1.6% annualized "primarily reflecting downward revisions to investment and consumer spending" lol

 I guess those trillion$ Trump said were coming into the country have not come in, and consumer spending is higher only because everything costs so damn much more due to inflation.

May 21: Consumers are still spending, but cracks are starting to show

Dec 5: Trump touts over $20 trillion in new U.S. investments, but the numbers don't add up

 

A191RL1Q225SBEA: 1Q1984-1Q2026 Trend


 

Uganda closes border with Congo where as many as 220 already may be dead from Ebola

 ... The number of suspected cases in eastern Congo is nearing 1,000, with at least 220 suspected deaths. Congo’s health ministry on Tuesday said 101 cases have been confirmed, and they are looking into over 3,000 possible contacts. ...

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Trump disapproval new high 58.6%