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@retiefff Thanks for pasting lagging statistics, sprinkling in your informed opinion, and ignoring the leading indicators released this week. I learned so much! For those who care to actually learn, the OP forgot a few tidbits. Increased producer prices don't always equate to higher consumer...

@colton18 The OP provided some lagging metrics but conveniently excluded all of the newly released leading ones. If you're actually curious, I shared the other side of the coin here.