THE DEEPER DIVE: Friday Proved Inflation Is Rising More than Experts Thought, while Consumers Are Consuming the Equity in their Homes to Make Ends Meet
Oh, those aching and endless Bidenomic revisions—always making the economy look worse off when no one is looking to see it but great when they are looking. This week’s Producer Price Index got a flurry of revisions that suddenly made the inflation that is building upstream from consumers look rougher than reported earlier.
Of course, the election is over…