All I can say is the AutoTrader ads in Ukraine must be wild. "Rare 1V119 Rheostat. Gently used. Low mileage and plenty of oomph. Call with best offer or trade. Ask for Sasha."

It's hard to get to a greener future when funding for green tech is actually going down. https://www.bloomberg.com/news/articles/2022-11-15/the-world-s-failure-to-deliver-on-climate-action-in-five-charts

Why service is slow at your favorite restaurant: Restaurants are doing more business than before the pandemic with fewer employees. The good news is those fewer employees are taking home more money. https://t.co/lnTomeq5tb

The U.S. dollar index is approaching support just above 104.50. That's a logical place for the dollar to bounce. If it doesn't bounce there, look out below. That would be bullish for #gold, other commodities. Unfortunately it would also heat up #inflation.

Global money supply growth is fading quickly … index including Eurozone, China, Japan, and others (listed in chart) is seeing contraction in M2 growth reach -5.4% y/y. This is DISinflationary.

Residential electricity prices are soaring. This is profiteering, plain and simple. However, for investors, it means that utilities -- which have sold off recently -- are probalby good buys at recent prices $XLU

Another chart of PPI ... the cooling in inflation is easier to see. October PPI #inflation +0.2% vs. +0.4% est. & +0.2% prior (rev down from +0.4%); core 0.0% vs. +0.3% est. & +0.2% prior (rev down from +0.3%) … softest core print since November 2020. Producer prices are still going up, but at a slower rate. #inflation #PPI

Big news: October PPI #inflation +0.2% vs. +0.4% est. & +0.2% prior (rev down from +0.4%); core 0.0% vs. +0.3% est. & +0.2% prior (rev down from +0.3%) … softest core print since November 2020. This soft producer inflation is good news for people hoping the Fed stops hiking rates so fast.

Big improvement for November Empire Manufacturing, up to +4.5 vs. -6.0 est. & -9.1 prior

If you think it's hard to buy a home right now, you're not alone. Consumer sentiment says this is the worst time to buy a home in history. Now, many consumers weren't around with me in 1980 to see 18% mortgage rates, so it's all relative. Still, hard times for home buyers.

https://thedailyedge.substack.com/p/the-steal-that-wasnt-stopped

Yes, because MAGA wingnuts are all about decency and consideration of others. 😂

The spectacular collapse of 30-year-old Sam Bankman-Fried’s crypto empire has fueled a spike in outflows across global crypto exchanges https://trib.al/msefaLL

The average of utility costs, gasoline, food at home, and electricity components in October CPI was up +16% y/y in October vs. +19.9% in September … still elevated but trend is moving in the right directiion #economy #inflation

Damned if ya do, damned if ya don't: Increasingly tough job for Fed is to get job leavers (blue) down while not causing recessionary spike in unemployment rate (orange

Morgan Stanley says the US dollar has peaked and is set to decline in 2023 along with Treasury yields on expectations of easing inflation https://trib.al/0y3ApEf The strong dollar helped shield America from even worse inflation. We'll see how this goes.

The mainstream media wonders who could have made the boneheaded claim that Americans were more concerned with inflation than abortion:
https://www.marketwatch.com/story/midterm-election-results-republicans-less-than-10-wins-away-from-house-control-while-senate-could-depend-again-on-georgia-runoff-11668115577

Are you thinking of buying a used car or truck? If you can, you might want to hold off for a little bit. Continued crash in y/y change for CPI used car & truck component … just +2% y/y, which is softest since July 2020

Wage growth surged in October, +6.4% per @AtlantaFed wage tracker

Funny how the MSM has missed faster wage growth for lowest-earning quartile (blue), and as of October per @AtlantaFed wage tracker, 7.4% growth was fastest on record … highest-earning quartile (orange) saw 4.5% growth, fastest since December 2002