Bloomberg Surveillance 07/13/23: A Cooling Inflation Trend

by | Jul 28, 2023 | Rollover IRA | 45 comments

Bloomberg Surveillance 07/13/23: A Cooling Inflation Trend




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Consumer prices rose at slowest annual pace since 2021. All the analysis and what it means for the Fed is here.

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Inflation Is Cooling | Bloomberg Surveillance 07/13/23

Inflation, the dreaded enemy of economies and wallets alike, seems to be showing signs of cooling down, according to recent reports on Bloomberg Surveillance. This news comes as a relief to businesses, consumers, and policymakers who have been grappling with rising prices for the past few months.

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Inflation, essentially, is the rate at which general prices for goods and services increase, eroding the purchasing power of money. When inflation is high, it can disrupt economic stability, dampen economic growth, and put a strain on household budgets. However, recent data and indicators suggest that inflationary pressures may be subsiding.

Firstly, one of the key factors driving inflation—the global supply chain disruptions caused by the pandemic—are showing early signs of improvement. Delays in the delivery of goods and shortages of raw materials have contributed to increased costs for manufacturers, which have then been passed on to consumers in the form of higher prices. However, as global trade gradually returns to normalcy, these supply chain bottlenecks are expected to ease, relieving some of the upward pressure on prices.

Additionally, some sectors that experienced a sudden surge in demand as lockdown measures were lifted are now seeing a leveling off in consumer spending. For example, the hospitality and travel industries witnessed a rapid recovery as people eagerly made up for lost time and indulged in vacations and dining out. However, with pent-up demand gradually being met, there are indications that consumer spending in these areas may slow down, alleviating some of the inflationary pressures.

Furthermore, central banks around the world, including the Federal Reserve, have started signaling their intent to tackle rising inflation by adjusting monetary policies. These measures include gradually reducing bond-buying programs and raising interest rates to rein in excessive spending. While these actions may not directly tackle the root causes of inflation, they signal a commitment to maintaining price stability and prevent inflation from spiraling out of control.

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However, it is important to note that despite these positive signs, inflation remains above pre-pandemic levels in many countries. The cooling effect may be gradual, and it will take time to fully assess the long-term implications. Moreover, there are certain factors, such as rising energy prices and labor market imbalances, that could potentially reignite inflationary pressures if left unaddressed.

In conclusion, while inflation has been a significant concern for businesses and consumers, there are early indications that it may be cooling down. Factors such as improvements in the global supply chain, leveling off of consumer spending, and central bank actions are all contributing to this trend. However, policymakers and economists should remain cautious and continue to monitor the situation closely to ensure that inflationary pressures do not resurface in the future.

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45 Comments

  1. Richard

    For some, short-term investing in floating rates is simply a default position as they find that stocks are highly valued everywhere, meaning that perfection is often at a premium, which increases the risk for some thoughtful investors. It's not necessarily a matter of timing. For others, it's a way to build a neutral portfolio in a situation fraught with uncertainty. Finding a good investment advisor can go a long way in organizing and planning a portfolio. I recommend Dan Price C F A because he has a unique understanding of the markets and how he analyzes them.

  2. CryptoTaurus333

    XRP is clearly shaking the system and BTC maxies are terrified!

    Who is the official spokes person for BTC?

    What court or authority gave BTC a status or a pass?

    Who or what company can the SEC hold accountable if BTC is sold to institutional investors outside of the secondary markets and exchanges?

    What developer or country can prove they created BTC?

  3. Spets Ru

    Lol it came in at 3% because last year it was 9% over 2021. Since 12% a little over actually in just 2 years all these talking heads trying to sell the dead cat bounce

  4. parkerbohnn

    Like hell it is.

  5. Ruby Ferrante

    pay more to your workers, pay more into social security that would help

  6. Tormmac

    according to who? inflation has been exploding with the government just playing with numbers and lying about it, god awful reporting

  7. Snojet Steve

    I listen on the radio almost every morning at work. It's funny when TK tries to cover football when Jon isn't around.

  8. bill slabich

    Snack food and Booze always goes up in a recession. People eat and drink when they are broke

  9. Kiddo

    I love this show!!!!☺️

  10. BackBay22

    Gotta kill jobs gotta kill jobs

  11. Abhijit Pal

    17/07/2023 to 24/08/2023.
    U.S.Dollar high prices history 1.3307.
    Artificial intelligence world.

  12. craziii3

    Transitory because they had to wait till the start of the Ukraine war. The war was all planned. Today's show had some really smart guests. Good show.

  13. Jason Brown

    Absolute rubbish. Who wrote the crap. Hollywood US HISTORY.

  14. Jason Brown

    Europe will be destroyed for us bs again…..

  15. Dan M

    Jonathon makes this show unwatchable with his smugness. Please go back on vacation, you're clearly still not rested.

  16. Deeanna Coy

    Packaging, and distribution, of grocery store consumer products for AVERAGE PEOPLE are still unacceptable. More Congressional hearings(GRILLING) of CEOs' in control of monopolies in the food processing business is needed. Like what happened when they caught the petroleum CEO's profiteering, price gouging which started this mess. (suspiciously looking like they did it just to give Joe Biden a Black eye..) Recently a slew of them the guy's controlling multiple boards in the food processing business fled their chairs under scrutiny for antitrust laws violations because they were caught price fixing on multiple boards of fictitious competitor's companies. They run them all, no competition! No one was charged, no one was fined or jailed, they just shuffled the deck and kept playing innocent. Gas prices fell and nothing else came down, kinda funny how that worked out? Not really funny at all, WE are plainly getting ripped off for getting cost of living increases in SS and wage hikes meant to help us.
    ALL TO MAKE JOE BIDEN LOOK BAD by monopolies that want to pick a friendlier corporate GOP puppet to run the country. This is the way it is july 13 2023 wow what fk ups.

  17. Sean Yun

    US PPI IS VERY CLEARLY SHOWING THE DEATH OF US MANUFACTURING SECTOR THAT AGAIN ——- >. CHECK THIS OUT THAT US MANUFACTURING PMI FOR JUNE IS AT +46.30 VS US SERVICE SECTOR PMI IS AT +54.40!!!!!!!!!!!!! = (-) 8.1WOW!!!!!!!!!!!!!! BASED ON US COMPOSITE PMI + 53.20!!!!!!!!!!!!!!!!!!!!!!!!!!!:). < ——- MEANS MORE AND FURTHER INFLATION IS GOING HIGHER AND HIGHER AND HIGHER AGAIN AND AGAIN AND AGAIN BECAUSE OF LOWER AND LOWER AND LOWER DEMAND FOR US$!!!!!!!!!!!!:)

  18. Sean Yun

    MORE AND MORE AND MOE WAGE INFLATION GOING ON AND ON AND ON DO THE MATH!!!!!!!!:) ——- >. US PPI IS VERY CLEARLY SHOWING THE DEATH OF US MANUFACTURING SECTOR THAT AGAIN ——- >. CHECK THIS OUT THAT US MANUFACTURING PMI FOR JUNE IS AT +46.30 VS US SERVICE SECTOR PMI IS AT +54.40!!!!!!!!!!!!! = (-) 8.1WOW!!!!!!!!!!!!!! BASED ON US COMPOSITE PMI + 53.20!!!!!!!!!!!!!!!!!!!!!!!!!!!:). < ——- MEANS MORE AND FURTHER INFLATION IS GOING HIGHER AND HIGHER AND HIGHER AGAIN AND AGAIN AND AGAIN BECAUSE OF LOWER AND LOWER AND LOWER DEMAND FOR US$!!!!!!!!!!!!:)

  19. Sean Yun

    WAGE INFLATION IS INEVITABLY GOING ON AND ON AND ON BECAUSE —— >. CHECK THIS OUT THAT US MANUFACTURING PMI FOR JUNE IS AT +46.30 VS US SERVICE SECTOR PMI IS AT +54.40!!!!!!!!!!!!! = (-) 8.1WOW!!!!!!!!!!!!!! BASED ON US COMPOSITE PMI + 53.20!!!!!!!!!!!!!!!!!!!!!!!!!!!:). < ——- MEANS MORE AND FURTHER INFLATION IS GOING HIGHER AND HIGHER AND HIGHER AGAIN AND AGAIN AND AGAIN BECAUSE OF LOWER AND LOWER AND LOWER DEMAND FOR US$!!!!!!!!!!!!:)

  20. Sean Yun

    US ECONOMY IS BASED ON +78% – +82% CONSUMPTION OUT OF ITS TOTAL ECONOMY < ——- THIS IS REALLY CRIPPLED ECONOMY THAT HOW IS + MORE THAN 80% CONSUMPTION DRIVEN ECONOMY ABLE TO GO FURTHER FROM HERE???? ——- > ONLY WAY TO GO FURTHER IS MORE AND MORE AND MORE AND MORE AND MORE AND MORE CREDIT CREATION = SIMPLY MORE AND MORE AND MORE DEBT HOWEVER NOW NO LONGER THAT'S POSSIBLE TO DO BECAUSE NOW DEMAND FOR US$ IS SUPER FASTLY DECREASING AND DECREASING AND DECREASING NOW!!!!!!!!!!!!!!!!!!!!:)

  21. Sean Yun

    AS I'VE SAID MANY TIMES ALREADY SINCE THE END OF 2ND Q OF 2022YR THAT I AM GOING TO SHORT US STOCKS + BONDS MORE AND FURTHER SEGMENT BY SEGMENT INTO MANY MONTHS + YEARS TO COME!!!!!!!!!!!!!!!!!!!!:) —— > CHECK THIS OUT THAT US MANUFACTURING PMI FOR JUNE IS AT +46.30 VS US SERVICE SECTOR PMI IS AT +54.40!!!!!!!!!!!!! = (-) 8.1WOW!!!!!!!!!!!!!! BASED ON US COMPOSITE PMI + 53.20!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  22. Sean Yun

    NOW THERE ARE MORE AND MORE AND MORE AND MORE DEBT PROBLEMS MOUNTING AND MOUNTING AND MOUNTING IN US ECONOMY BECAUSE ——- > US 10YR YIELD IS AT +3.82% – US FED FUNDS RATE AT + 5.25% =(-)143BP!!!!!!!!!!:) < —— THE SPREAD IS GETTING WIDER AND WIDER AGAIN MEANS MORE AND MORE AND MORE AND MORE DEBT PROBLEMS GOING ON AND ON AND ON CREDIT CARDS + STUDENT LOANS + AUTO LOANS + HOUSING LOANS + ETC!!!!!!!!!!!:)

  23. Sean Yun

    AS I'VE SAID MANY TIMES ALREADY THAT WE ARE SEEING THE LAST MOMENT OF US$ + US T – BONDS + STOCKS+ BITCOIN + REAL ESTATE SECTOR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  24. Sean Yun

    AS WE CAN SEE FROM US PPI DATA ——- > MANUFACTURING SECTORS ARE DEAD IN THE ECONOMY BUT SERVICE SECTORS = CONSUMPTION SECTORS ARE CREATING MORE AND MORE AND MORE AND MORE AND MORE JOBS MEANS ——– > INEVITABLY INFLATION IS GETTING BACK TO THE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  25. Sean Yun

    AGAIN AND AGIAN ONLY SAFE HAVEN ASSETS ARE GOLD + ENERGY (= OIL GAS COAL)!!!!!!!!!!!!!!!!!!:)

  26. Sean Yun

    AGAIN AND AGAIN US STOCKS GOING UP AND UP AND UP MORE AND MORE AND MORE AND MORE BECAUSE US$ HAS NO OTHER OPTIONS BUT TO GET BACK TO US ECONOMY FROM GETTING LOWER AND LOWER AND LOWER DEMAND FOR US$ + US T- DEBT!!!!!!!!:)

  27. Sean Yun

    US TO BORROW MORE AND MORE AND MORE AND MORE MONEY ————- > US FED HAS NO OTHER OPTIONS BUT TO HIKE ITS FUNDS RATE INTO +7% – +8% BY THE END OF 1ST HALF OF 2024YR!!!!!!!!!!!!!!!!!!:) INDEED IT SHOULD HAVE DONE IT BY THIS YEAR OR AGAIN AND AGIAN IT CANNOT DO THAT BECAUSE OF TOOOOOOOOOOOOOOOOOOOO MUCH DEBT PROBLEMS OF US REAL ESTATE SECTORS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  28. Sean Yun

    WOW!!!!!!! CHECK THIS OUT THAT US$ INDEX IS COLLAPSING NOW TO 99.505 < ——– BROKE THE STRONGEST RESISTANCE LINE OF 100!!!!!!!!!!!!!!!:)

  29. Sean Yun

    THE DEMAND FOR US$ + US T – DEBT ARE DRASTICALLY DECREASING AND DECREASING AND DECREASING AND DECREASING AS WE CAN SEE THAT ——— > IN OTHER WORDS TOOOOOOOOOOOOOOOOOOOO MUCH SURPLUS TRILLIONS$ IS GETTING BACKT TO THE US ECONOMY MEANS ———- > US STOCKS + BONDS ARE IN THE BIGGEST EVER BUBBLED STATE ESP US STOCKS ARE HISTORICALLY IN BUBBLED TERRITORY EVER SINCE THE NY STOCK EXCHANGE HAS OPENED SINCE 1792YR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  30. Sean Yun

    THE BOTTOM LINE IS THAT AS LONG AS US$ DOMINANTS THE COMMODITY TRADING PAYMENT SYSTEM ESP GOLD + ENERGY ( = OIL GAS COAL) THERE WILL BE NO STABLE INFLATION IN COMING MONTHS AND YEARS BECAUSE US ECONOMY HAS TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO DEBT PROBLEMS TO GO FURTHER FROM HERE AS I'VE SAID MANY TIMES ALREADY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  31. Sean Yun

    US LABOR MARKET IS SOOOOOOOOOOOOOO TIGHT FOR SERVICE SECTORS ONLY NOT FOR MANUFACTURING SECTORS!!!!!!!!!!!!!!:) MEANS AS I'VE SAID MANY TIMES ALREADY THAT INEVITABLY INFLATION IS GOING HIGHER AND HIGHER AND HIGHER BECAUSE OF MORE AND MORE AND MORE AND MORE AND FURTHER WAGE INFLATION, SUPER ENTRENCHED IN THE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!:)

  32. Sean Yun

    ANY ECONOMIES THAT HOLD TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT OF US ECONOMY CANNOT AVOID HAVING MORE AND FURTHER AND FURTHER AND FURTHER STAGFLATION THAT IS INDEED WHAT IS GOING ON AND ON AND ON AND ON AND ON UNDER SURFACE BECAUSE MORE HAVING FURTHER BUYING US T – DEBT MEANS MORE AND FURTHER INFLATION TAKING INTO THEIR ECONOMIES SO WHEN US SPENDS MORE AND MORE AND MORE AND MORE MONEY THEN ——— > HAVING MORE AND MORE AND MORE AND MORE INFLATION PROBLEMS PERSISTENT IN THOSE US T – DEBT HOLDING ECONOMIES = JAPAN + EU!!!!!!!!!!:) CHINA HAS BEEN SELLING OFF AND OFF AND OFF AND OFF MUCH FASTER THAN MARKET'S EXPECTATIONS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  33. Sean Yun

    AGAIN AND AGAIN ———- > THERE IS NO SUCH THING LIKE US$ + US T – DEBT EXCEPTIONALISM AS WE ARE SEE DRASTICALLY DECREASING DEMAND FOR US$ + US T – DEBT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  34. Sean Yun

    AGAIN AND AGAIN ———— > THE CURRENT WEAK US$ PROBLEM IS NOT JUST AN ONE – TIME EVENT AS I'VE SAID MANY TIMES ALREADY THAT ———– > IT WILL BE GOING ON AND ON AND ON AND ON AND ON FOR MANY YEARS TO COME BECAUSE OF LACK OF DEMAND FOR THE TRASH CURRENCY BECAUSE US ECONOMY HAS ALREADY WELL PASSED ITS INFLECTION POINT IN 2008YR + TIPPING POINT IN 2020YR AS I'VE SAID MANY TIMES ALREADY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) NOW THERE IS NO WAY TO RETURN BUT HIKING MORE AND MORE AND MORE AND MORE AND MORE INTEREST RATES ESP = THE YIELDS OF US T – DEBT UNDERSTAND?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  35. Sean Yun

    AGAIN AND AGIAN ——- > OPEC + HAS NO OTHER OPTIONS BUT TO CUT MORE AND FURTHER AND FURTHER AND FURTHER INTO COMING MEETINGS BECAUSE THE OPEC+ HAS HOLD STILL TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT OF US ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  36. Sean Yun

    AGAIN AND AGAIN THE BIGGEST IMPETUS FOR THE COMMODITY PRICES ———– > AGAIN AND AGAIN AS I'VE SAID MANY TIMES ALREADY SINCE THE END OF 2ND Q OF 2022YR THAT THERE IS NO SUCH THING LIKE US$ EXCEPTIONALISM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ———– > NO DEMAND FOR THE CURRENCY MEANS NO MORE VALUE AS CURRENCY BUT EXPLODING MORE AND MORE AND MORE AND MORE AND MORE AND MORE DEBT BECAUSE OF LACK OF DEMAND FOR THE CURRENCY = 1+1!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  37. Sean Yun

    US PPI IS CLERLY SHOWING THE MARKET THAT US ECONOMY HAS NO OTHER OPTIONS BUT TO HIKE MORE AND MORE AND MORE INTEREST RATE IN COMING MONTHS AND YEARS WHY? BECAUSE AS WE CAN SEE FROM US PPI DATA ——- > MANUFACTURING SECTORS ARE DEAD IN THE ECONOMY BUT SERVICE SECTORS = CONSUMPTION SECTORS ARE CREATING MORE AND MORE AND MORE AND MORE AND MORE JOBS MEANS ——– > INEVITABLY INFLATION IS GETTING BACK TO THE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

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