How about a Sat morning chart thread?
The #BidenInflation surge, in various economic stats & market prices. A "Dark Winter" and "Biden Blue Christmas" lie ahead thanks to his reckless spending and borrowing.
First, 5 year chart of PCE Core Inflation, highest in 30 years (1/6)
Now, the overall Consumer Price Index back a year, highest jumps since 2008. Note how tame Inflation was under Pres Trump, then exploding with Joe, Nancy, and Chuck at the economic helm...(2/6)
Let's get to market prices. Cotton is up 51% since the Nov 2020 election, as Commodities from Coffee to Crude vault higher amidst the Biden Inflation Spike, punishing Consumers (3/6)
This winter will be brutal for people of modest incomes heating their homes. Nat Gas prices have soared, in part thanks to Biden's war on US Energy - same story here with Propane, which has almost tripled in price since Election Day...(4/6)
Financial Markets globally respond to the Biden Inflation Spike. Here, a one year chart of benchmark 10 Year US Treasury Yields -- jumped from historic low of 0.88% on Election Day to 1.46% now. (5/6)
Housing led the US recovery from the Spring 2020 lockdowns, but now the sector sputters thanks to Biden. Here is a one-month chart of the Housing ETF, the XHB, which lost 9% in September (6/6)
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