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[BBC via Yahoo:] Trump says he 'loves the inflation' as US prices rise at fastest rate in three years
Investor summaryNeutral
Trump claims to love the recent 4.2% inflation spike driven by energy costs, while the author questions the logic.
Bear points
- Inflation rising to 4.2% driven by energy costs indicates macroeconomic instability.
- Nominal brokerage gains may be inflated rather than reflecting true fundamental growth.
降息与宏观
Post body
First few sentences:
Donald Trump has said he "loves the inflation" facing the US as prices in May rose at their fastest rate in three years.
The US president said the "numbers were great" when asked about Bureau of Labor Statistics (BLS) figures showing prices rose by 4.2% in May from a year earlier.
The increase, from 3.8% in April, was largely driven by rising energy costs in the wake of the US Israel war in Iran.
Speaking from the White House, Trump said: "I love it. The numbers were great. You know what? I really love the inflation."
So, does this make ANY sense to ANYone?
Maybe. • A certain amount of your brokerage balance increasing can be attributed to inflation, not just fundamentals. And, • when Social Security payments get raised to to higher-than-normal inflation, he'll say "Look at all that free money that *I got for you**."*
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