Episode 2220: Last PPI Before The Midterms; Julianne Murray On Taking Back Our Elections
Bannon`s War Room
WarRoom.org
4.5 • 16.4K Ratings
🗓️ 12 October 2022
⏱️ 53 minutes
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| 0:00.0 | So all those years, the central bank ceded the clouds of inflation. |
| 0:04.2 | Now the downpour has started our September read on producer prices, |
| 0:09.3 | the supplier side of the cost equation, |
| 0:12.3 | expected up to 10s on headline, multiply that by two, |
| 0:16.2 | up four 10s, up four 10s. |
| 0:18.3 | That's the hottest since it was in June when it was up 1% and if we look at X |
| 0:23.4 | food and energy, which almost sounds silly because food and energy, |
| 0:26.6 | especially energy, that's the big enchilada here. |
| 0:29.4 | X food and energy, it did come in as expected up three 10s, |
| 0:34.2 | up three 10s. |
| 0:35.3 | And of course, in the rear view mirror, we have up four 10s. |
| 0:37.8 | Don't see revision yet. |
| 0:39.4 | Now if we strip out food, energy and trade, |
| 0:42.5 | it's double expectations up four 10s. |
| 0:45.6 | Now we get to the real numbers year over year, final demand, |
| 0:49.0 | expected up 8.4 is hotter than expected, up 8.5. |
| 0:53.6 | Now the high water mark for this one is going to be up 11.7. |
| 0:59.6 | Yes, you heard me right 11.7. |
| 1:01.8 | That was in March, all the high water marks for producer prices were made in March. |
| 1:06.6 | So that is indeed good news 8.5. |
| 1:09.8 | That almost sounds crazy in and of itself. |
| 1:12.0 | X food and energy up 7.2, |
... |
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