UK: Fresh meat, dog food and savoury snacks costs SOAR -with food for an average family fry up now costing £6.83; Fuel cost hits record 170.4p while price of Diesel also reached new high of 181.4p

by Boo_Randy When will the sheeple of the UK crack the code on their votes for the oligarchy’s hand-picked stooges who give the BoE free rein to print with wild abandon, and the soaring cost of living? https://www.dailymail.co.uk/news/article-10848489/Grocery-prices-surge-fastest-pace-13-years.html The price …

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Still Hot, Hot, Hot! US Existing Home Sales Fall -2.4% MoM In April, But Median Price Is 14.85% YoY And Inventory For Sale Remains MIA (Fed Stimulypto Still Helping Housing Bubble)

by confoundedinterest17 US Existing Home Sales were 5.61M SAAR in April, down -2.4% from March’s -3.0% MoM reading. But median prices YoY for existing home sales printed at 14.85%, still hot, hot, hot. With 3 consecutive declines in MoM existing home sales, …

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On the Oil Price Thing

by Chris Black $147 per barrel got us $4.14 in 2007. That price only lasted a few weeks until the massive recession dropped oil all the way back to $27. $5 per gallon on $113 oil? Doesn’t really make any …

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Good News! Flexible Price Inflation Cools To … 20%, Export Prices Cool To 18% YoY As Jerome “Slowhand” Powell Reappointed As Fed Chairman (Taylor Rule Suggests Fed Rate Of 13.89%)

by confoundedinterest17 The US Senate yesterday confirmed the reappointment of Jerome “Slowhand” Powell as Federal Reserve Chairman. The good news? Atlanta Fed’s Flexible CPI YoY cooled to 20% in April. The bad news? Flexible prices are still growing at 20% while …

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Pelosi Bashes ‘Big Oil’, Pitches Plan To Make Gas Price Increases Illegal…

https://www.zerohedge.com/political/pelosi-bashes-big-oil-pitches-plan-make-gas-price-increases-illegal During her weekly press conference, House Speaker Nancy Pelosi unveiled the Democrats’ latest plan to slow the surge in gas prices that is top of mind for Americans. Their solution is (drum roll please): price controls! Having begged OPEC …

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Gasoline price is hitting a new high, trade deficit ballooned 22.5% in a month and the Fed just confirmed they are tightening at the fastest pace and highest VIX level in history.

https://t.co/przNS8CZN1 — Blxck Dollar 🇺🇸 (@BlxckDollar) May 5, 2022 US in economic freefall, trade deficit up 22.3% in March We now make very little except energy for export, the economy is in freefall. https://www.msn.com/en-us/money/markets/robust-imports-push-us-trade-deficit-to-record-high-in-march/ar-AAWUoQl?ocid=uxbndlbing I walked through the family room …

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