
A Little Anarchy in the Aisles: Prices Creep Upward!
Well well well what do we have here? A Commerce Department report you say? Sounds dreadfully boring. But fear not my financially challenged friends! It seems the prices you lovely people pay for… stuff… went up a tad in May. Just a smidge. A little… *push*. The personal consumption expenditures price index or as I like to call it the 'Why So Serious About Your Wallet' index rose a measly 0.1%. *laughs maniacally* It's all part of the plan you see? A little chaos here a little inflation there… introduces a little… anarchy. And you know the thing about anarchy? It's faaaaaair!
The Fed's 2% Obsession: Why So Serious?
The Fed those humorless clowns are still obsessing over their 2% inflation target. Pathetic! They haven't seen that level since early 2021. It's like chasing a ghost a silly little game they'll never win. Why so serious Jerome? Just smile! And maybe cut those interest rates eh? It's not about the money; it's about sending a message. Everything burns!
Spending and Income: A Hilarious Downward Spiral
Oh and it gets better! Consumer spending went down. Personal income? Also down! *cackles* It's like watching a beautiful train wreck in slow motion. You expect to be sad but it's actually... hilariously entertaining. All you care about is money. This town deserves a better class of criminal and I'm gonna give it to them!
Markets Shrug: Just Another Day in Gotham… I Mean Wall Street
But the markets? They barely reacted. Stock futures went up Treasury yields rose. What a bunch of predictable lemmings! They're all puppets dancing to a tune they don't even understand. And I? I'm the puppet master. Do I really look like a guy with a plan? I don't have a plan. The mob has plans. The cops have plans. I'm an agent of chaos.
The Tariff Tango: A Dance of Destruction
Apparently these tariff increases are going to 'wash ashore' soon. Sounds messy. Like a good mud fight or an explosion at a dye factory. And Trump bless his orange little heart is egging on the Fed. He calls Powell 'stupid'! Oh the irony! It's like a comedy show and I've got the best seat in the house. All it takes is a little… *pressure*.
Muted Mayhem: Food Fuel and Fun
Inflation pressures were supposedly 'muted' in May. Food prices went up a bit but energy costs dropped. Shelter prices increased. It's all a facade a grand illusion! Just remember when the chips are down these civilized people they'll eat each other. See I'm not a monster. I'm just ahead of the curve. So keep smiling folks! The show's just getting started!
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