Thursday, April 30, 2026

Core pce inflation is raging at 3.2% year over year in March, 109% above normal, and the Congress, the president, and the Fed are doing ZERO, ZIP, NADA about it

 The Fed met YESTERDAY and left the federal funds rate unchanged even though this is their primary indicator of inflation and it is more than double the average rate post-Great Recession.

There were just three votes with the temerity to suggest that inflation might be a problem right now. 

But SPX is up! one half of one percent at this hour, threatening to make another all time high. That's all that matters!

None of them give a shit about YOU!