Video: Macro Minute: August Core PPI came in -0.12% vs July Core PPI +0.65% shows evidence of poor seasonal adjustment. Eyes on Aug Core CPI Thu am

Video: Last month, investors panicked when the Core PPI (July) showed a +0.65% surge but this was reversed this month (Aug) with a -0.12% reading. Seasonal adjustment could not account for the tariff impacts and we think is ultimately a further argument that inflation impacts from tariffs are transitory.

Please click here to view our Macro Minute (duration: 2:48).

Video: Macro Minute: August Core PPI came in -0.12% vs July Core PPI +0.65% shows evidence of poor seasonal adjustment. Eyes on Aug Core CPI Thu am

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50 SMID Granny Shot Ideas: We performed our quarterly rebalance on 8/17. Full stock list here -> Click here

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