"Inflation is coming down"

[Dublin ohio]

When gas prices went up few years ago, many went and bought EVs.
I knew of fellow appraiser buying over manufacture list price during those times.
Last year with gas prices dropping, less people had need to buy the EVs.
Have you seen gas prices going up getting near $90/barrel.
Consumers will buy EVs again.
Our capital market works that way.

Gas prices hav elittle to do with it. EV sales responded to incentives and hype. Now the thrill is gone and reality has set in

 

[Charles West]

I think EV's will be popular in areas with Mediterranean-style climates like CA and that is about it for the current generation of battery technology. In areas like the east coast where it gets freezing cold in winter they are worse than worthless.

 

[Elliott]

March's CPI by the BLS was 0.1%....indicating a 1.2% inflation rate. They must be living in a different world.

 

[Charles West]

March's CPI by the BLS was 0.1%....indicating a 1.2% inflation rate. They must be living in a different world.

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That is because everything relevant to calculating a true rate, the rate on the street, has been removed. The real rate is 4% to 5%.

 

[WestMichiganCG]

That is because everything relevant to calculating a true rate, the rate on the street, has been removed. The real rate is 4% to 5%.

The inflation rate has been calculated the same way for years. It's not perfect but it is tracking things that impact our budgets.

 

[Terrel L. Shields]

GLA 250 pos with the AMG

AMG or AMC?

 

[Elliott]

Not a good March report for those who's mantra is "Inflation is coming down."


If I were a reporter, I'd be saying, "The March report of a 0.4% indicates inflation going forward is at a 4.8% rate."

 

[Charles West]

Not a good March report for those who's mantra is "Inflation is coming down."

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If I were a reporter, I'd be saying, "The March report of a 0.4% indicates inflation going forward is at a 4.8% rate."

That's what I'm trying to figure out, the market did a big U turn at 5:30 am. The only good news is the PPI came at 2.2.

 

[Charles West]

We need another 4 years of these rocket scientist progressives types running wild deficits that have to be monetized. The middle class is being crushed.

 

[Charles West]

The 2-year Treasury is up 21 basis points this morning, that can't be good.