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Today is a very good day. Despite the professional punditry and their doomsayer predictions of Trump tariffs driving up costs for consumers, exactly the opposite is happening.
Despite large growth in the Main Street USA economy; and despite large wage gains by U.S. blue-collar workers; inflation remains low and mysteriously detached from the Fed monetary policy.
WASHINGTON - Reuters - US - Inflation - Quarter
WASHINGTON (Reuters) – U.S. inflation was much weaker than initially thought in the first quarter amid a sharp slowdown in domestic demand, which could cast doubts on the Federal Reserve’s view that the benign price pressures were largely because of temporary factors.
The personal consumption expenditures (PCE) price index excluding the volatile food and energy components increased at a 1.0% rate last quarter, the government said. The so-called core PCE price index, which is the Fed’s preferred inflation measure, was previously reported to have risen at a 1.3% pace.
Years - CTH - President - Trump - Policy
They just don’t get it. For over three years CTH has been explaining how President Trump’s maganomic policy will reverse three decades of stagnant Main Street economic growth. Today the Bureau of Economic Analysis (BEA) once again confirms our earlier predictions, and releases the data showing inflation is essentially nonexistent.
For more than 30 years monetary policy has been driven by Wall Street influence. FED interest rates made borrowing cheap, but the money -the actual investment itself- flowed out of the United States. The end product from the investment, steered by multinationals, created products overseas. Within this flow of capital there was no benefit to Main Street.
President - Trump - Policy - Result - Focus
President Trump’s America-First policy has reversed the dynamic. As a result of his focus and demand, the end product(s) from capital investment are now here in the U.S.A.
The MOUSE is money or investment. The CHEESE is end products, manufactured stuff.
Wall - Street - Investment - Mouse - Direction
Rather than beg the Wall Street investment mouse to change direction in the manufacturing maze,...
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