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"Supercore" PCE rose by 0.1% in May, it’s smallest monthly increase since August 2023. Health Care (light blue) was the dominant contributor, and 5 of the main sub categories actually declined.

If it wasn't for soaring health insurance costs, supercore would be negative

Base Case is now a SEPT Rate CUT!

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Comments

Invest4Freedom

Yes Excellent They've hidden how senile the old man was for almost 4 years but they can't hide how bad the data is getting much longer! Deception has been the most powerful tool of this administration.

RivalTek

Warm up the money printers and stock up on ink!! We gots Dollars to print!

btc Bobby

I havent had time to see all the videoes from the team. What drove up tesla in the last few days ? Thanks 😊

Russ T

BTC has barely reacted. If anything it went down lol

Rufflife

And Btc drops again! Is anyone even surprised at this point? I don’t expect a rate cut until Nov and maybe none this year. This constant false hope has kept most of us fully invested while everything has dropped for months. (except Nvidia of course)

HappyBoo

I agree; however, the other senile is scarier as he is a wannabe autocrat. I hope he’ll be strongly persuaded to retire….ideally today! Age maximum 59! Yep, I am older than 59; however, I fear we may veer way away from a participatory democracy due to extreme stubbornness on the part of the current leader of this nation. 😞

slumlordsmo

This time reminds me of the great short. We all now its going to happen but it takes way longer than it should.

Russ T

Ah treasury yield have surprisingly risen and that's probably what caused BTC to fall. This shows that the bears are in control right now because the good news had zero effect but that bad news had an instant effect.

Chewie

RektCapital previous cycle 154 days post halving Parabola for Bitcoin would time with mid September for rate cuts!

GloMa

Americana spend way too much on recreational amusement as if it’s a basic need for survival.

SolMan

False hope? You mean the normal bull cycle, whether you like it or not we are in a bull run. My intention was always to hold until 2025 so what’s changed ?