Hot Headline, Cooler Reality: What The PPI Really Shows According To Peter Navarro

Hot Headline, Cooler Reality: What The PPI Really Shows According To Peter Navarro Authored by Peter Navarro via RealClearEnergy, The January Producer Price Index landed with a predictable media spin: “hotter than expected” and therefore proof that tariffs, Trump, and the so-called “new protectionism” are reigniting inflation. That narrative collapses under even modest scrutiny of the underlying data.  Start with the topline. Total PPI rose 0.5 percent in January, above the 0...

By Tyler Durden