Oil Leads -> PPI -> CPI aka Inflation

💵 Unpopular Opinion💵
PPI MoM came in today lower than expected at 0.2! But as we can see here below. OIL price is curving up. OIL leads, then PPI ( Producer Price Index ) goes up, leading to Consumer Price Index goes up! 😭

Oil 📈 PPI 📈 CPI 📈

"Soft Landing" they said! More like kick it to tomorrow! Let the future handle recessions and problems! Future Generations pay for our Consumption! Always been!

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