This financially engineered market is brought to you by @federalreserve – helping the rich and elites put serfs out of homes since 1913.
— John Tuld (@BradHuston) June 10, 2021
For those shocked by used car prices, here is the source, and it's going even higherhttps://t.co/S12WaAPLpB pic.twitter.com/hBk9ERlWfC
— zerohedge (@zerohedge) June 10, 2021
Safe to say car & truck rental prices have gone vertical; they’re up 110% y/y in May … domestic services much less at +13.7% but still quite high pic.twitter.com/fJ3v4nVX5o
— Liz Ann Sonders (@LizAnnSonders) June 10, 2021
"First we make the rich richer by goosing asset prices with unlimited liquidity and then we turn your real wage earnings growth negative by making you pay more for food, gas, housing, commodities and used cars".
We are from the Federal Reserve and we are here to help. https://t.co/CvEHGeP30Q
— Sven Henrich (@NorthmanTrader) June 10, 2021
Hottest CPI print since august 2008.
Bond market actually is selling off a little, but not equities, those can’t stay down for more than 3 minutes before algo’s BTFD.
What a cesspool of fraud futures is.
— Endless Capital (@nunziato_frank) June 10, 2021
US household net worth up $25.6 trillion in the past 12 months. This affects about 0.01% of the population.
— zerohedge (@zerohedge) June 10, 2021