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4/12/2021 10:10:56 AM GMT
PPI explodes higher…..will CPI follow?
Powell takes to 60 mins and says again – ‘Don’t worry’.
Big macro data week and earnings are set to begin on Wednesday.
Global markets all lower as consolidation begins.
Try the Spaghetti al’ Tonno.
Friday 8:30 am……the gov’t was expected to announce the PPI report……and then nothing…….no announcement…. the screen was blank….…. the gov’t had a ‘tech failure’ that prevented the data from hitting the tape…. leaving investors, and markets to wonder what had happened…. the news finally hitting the ‘Twittersphere’ at about 8:45 am…and what did it show? It showed a surge in input prices, it showed exactly what we had feared and what the FED had been preparing for all week….
i ll ask homeland security secretary janet that pal tonno, and pope benedict back at the vatican. but where does the painful scandal go from here? i m suzanne malveaux. welcome to our viewers in the united states and around the world. you re in the situation room. a stunning setback to al qaeda in iraq. u.s. and iraqi officials say the terror groups two most senior leaders were killed in a nighttime attack north of baghdad. the group was behind a series of recent attacks, including bombings near three enbecauses in baghdad. officials say abdullah yub al mass re and abu omar al baghdadi were tracked down by massive force and died in fire. vice president joe biden made a special appearance in the white house briefing room to call this a potentially devastating blow