We got the latest numbers from the Dallas Fed. The numbers were not good.
Here is the information used in the video:
https://tradingeconomics.com/united-states/dallas-fed-manufacturing-index
The Dallas Fed covers the oil market which, if there is an industry on fire, it is energy, yet the numbers are down. For two months, the manufacturing metrics are negtaive.
This is something we discussed back in the 4th quarter. While everyone was focusing upon inflation, a trailing indicator, we were looking ahead. The inventory story is hard to miss when you understand how it echoes throughout the economy.
▶️ 3Speak
You are right , it's all happens because of war
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BEERKING.A FED that covers the entire oil market must generate a lot of economic resources, so let's hope that this entire set can be fully recovered.
The strangle of the energy industry is an asinine situation for sure. We’ve steadily increased fuel economy and cleaning up cars but just like always, the industry is passing the costs associated with them destroying the planet into the customers. Incredibly foolish to destroy things but then again, the people in power are looking to concentrate and increase as usual. Annoying!
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CPI is consumer price index
PPI - producers price index
A simple way to think about it is the PPI is what it costs manufacturers pay for the materials going in. The CPI is the prices coming out.
I do not know about the Farmer's Almanac for Germany.
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