INFLATION IS OUR FRIEND

NEW -> Contingent Buyer Assistance Program
Jerome Powell knows inflation is going up currently, so he didn't reduce interest rates.
The USD can buy 10% less than 4 months ago as it has depreciated.
It compounds the tariff problem by 10% as foreign parts are 10% more expensive.

JP recently said he would not lower rates and we saw the USD appreciate last week.

The part I mention above goes to a US factory. They will run out in a few months....but this part needs 6 months to mfg and oceanship to reach their east coast warehouse (Houthis causing an extra 2.5 weeks of shipping problems as ASIA to NY goes through the suez canal). Customer is dragging their feet.
 
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A steel part I quoted in APR @ $475/1,000 pcs, I re-quoted in JUL @ $619/1,000 pcs.
I wonder if that will be inflationary.

Customer just approved my trump price increase. I guess they couldn't find an alternative....yet?
However, I learned the guy I use to talk to got laid off @ that company....
another round of layoffs...2nd one this year.
 
Wanna know why?….😂😂😂👍🏽🇺🇸

Wall Street stunned as inflation defies odds on tariffs​

For months, economists have sounded the alarm about runaway prices. The big spike still hasn't shown up.

Inflation held steady at 2.7 percent in July, the Bureau of Labor Statistics reported, just shy of the 2.8 percent bump Wall Street expected. It's the same reading as June

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Wanna know why?….😂😂😂👍🏽🇺🇸

Wall Street stunned as inflation defies odds on tariffs​

For months, economists have sounded the alarm about runaway prices. The big spike still hasn't shown up.

Inflation held steady at 2.7 percent in July, the Bureau of Labor Statistics reported, just shy of the 2.8 percent bump Wall Street expected. It's the same reading as June

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It will take awhile for people to burn through savings and retirement accounts.
 
Not at all…just call balls and strikes. The vast majority live paycheck to paycheck. Nothing to burn through for a delayed reaction🤷🏽‍♂️
 
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