Core inflation (CPI, PPI, PCE) has rolled over YoY for last 2 months running

Jun 22, 2022
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Core inflation (CPI, PPI, PCE) has rolled over YoY for last 2 months running - Jim Paulsen

The first time they've all rolled over at the same time since this began. The commodity thrust used to be all commodity markets, and now it's just energy, and now that's waning (natgas and crude both down). Wage inflation has clearly slowed.

He still thinks we'll be more concerned about recession, but just less about inflation.
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<div><b>Core inflation (CPI, PPI, PCE) has rolled over YoY for last 2 months running - Jim Paulsen</b><br></div><div><br></div><div>The first time they've all rolled over at the same time since this began. The commodity thrust used to be all commodity markets, and now it's just energy, and now that's waning (natgas and crude both down). Wage inflation has clearly slowed. <br></div><div><br></div><div>He still thinks we'll be more concerned about recession, but just less about inflation. <br></div><br><div><img src="/assets/post_imgs/1655928848_Screenshot_2022-06-22_20-13-10.png" class="appended-img"></div><div><br></div><img src="/assets/post_imgs/1655928862_Screenshot_2022-06-22_20-12-52.png" class="appended-img">
Core inflation (CPI, PPI, PCE) has rolled over YoY for last 2 months running - Jim Paulsen

The first time they've all rolled over at the same time since this began. The commodity thrust used to be all commodity markets, and now it's just energy, and now that's waning (natgas and crude both down). Wage inflation has clearly slowed.

He still thinks we'll be more concerned about recession, but just less about inflation.

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