IS INFLATION TRULY COMING DOWN WHEN U DON'T INCLUDE...Every day items that people need and use?
Core inflation is the change in the costs of goods and services but does not include those from the food and energy sectors. Food and energy prices are exempt from this calculation because their prices can be too volatile or fluctuate wildly.
And volatile to the upside in my experience.
How about you and your experience? Are the numbers realistic in your lives?
Seems like hiding the truth or playing with the numbers is a regularity. There's a lot of problems out there just under the surface. Hence my bearish narrative.
I believe they are trying to push propaganda that inflates the health of the economy in an effort to motivate the public to spend and keep the false economy afloat. That's what Yellen's job is...reassure the public.
We will see what Wednesday's announcement on rates does to the market and closer to home how Sherritt's results influence the stock price and what I anticipate to be a down day if the FED raises rates.
5 DAYS TO D-DAY!