Real wages have fallen EVERY MONTH since Bidenโs $1.9 trillion "stimulus" passed.
'๐๐
Apr: -3.4%
May: -2.7%
Jun: -1.3%
Jul: -1%
Aug: -0.9%
Sep: -0.5%
Oct: -0.8%
Nov: -1.4%
Dec: -2.1%
'๐๐
Jan: -1.9%
Feb: -2.5%
Mar: -2.6%
Apr: -2.5%
May: -2.9%
Jun: -3.5%
Jul: -3%
Aug: -2.8%— Jacki Kotkiewicz (@jackikotkiewicz) September 13, 2022
Steep fall:
https://www.livecharts.co.uk/MarketCharts/dow.php
So much for the peak inflation Fed pivot narrative. ๐คทโโ๏ธ
— Markets & Mayhem (@Mayhem4Markets) September 13, 2022
https://twitter.com/tomashirstecon/status/1569670617615433734
Largest monthly increase in ownersโ equivalent rent of primary residence since June 1990 pic.twitter.com/ZKPtNNxaeH
— Liz Ann Sonders (@LizAnnSonders) September 13, 2022
JUST IN – US inflation declines slightly but remains high at 8.3%.
— Disclose.tv (@disclosetv) September 13, 2022
The CPI print today is backward looking and the headline slowing is pretty well known.
Wage growth determines if the inflationary cycle dynamic is continuing or starting to soften.
Aug Atl Fed wage tracker suggests continued upward momentum despite slowing headline inflation. pic.twitter.com/cXj0y4OuHr
— Bob Elliott (@BobEUnlimited) September 13, 2022
2 year yield explosion 3.712%
Realtors are fucked
— Don Johnson (@DonMiami3) September 13, 2022
https://twitter.com/Galactic_Trader/status/1569417764070367233
AC