There is a technical term for economic slowdown coupled with soaring prices pic.twitter.com/FN4aiJ3Otw
— zerohedge (@zerohedge) May 3, 2021
$spx ISM manufacturing pic.twitter.com/FA87i0Sw27
— VIX Squared (@vixsquared) May 3, 2021
Container shipping costs continue to surge. pic.twitter.com/SUu5wmZRA5
— Win Smart, CFA (@WinfieldSmart) May 3, 2021
The US employment cost index increased by most since 2007 in the first quarter. pic.twitter.com/Pxwb9o6mCe
— Win Smart, CFA (@WinfieldSmart) May 3, 2021
THE BIG Cs OF COMMODITIES CONTINUING TO 🚀🚀🚀
CORN 🌽 AND COPPER 🟧 pic.twitter.com/t3Jvsj10i5
— Win Smart, CFA (@WinfieldSmart) May 3, 2021
Fed Has Backed Itself Into a Corner on Inflation: Allianz’s El-Erian
“The Fed is pinning itself in a corner by insisting that this is transitory,” Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge, told CNBC’s “Squawk Box” Monday regarding inflation pressures. “All the evidence suggests that you should have an open mind.”