Trade Gopher 🇺🇦
@tradegopher
Deep value investor using AI and forensic accounting tools to identify over/undervalued companies. DD shared publicly. All posts my opinions, not fin'l advisor
ID: 1489256138054901771
https://www.sec.gov/tcr 03-02-2022 15:15:19
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The Nov. PPI, a leading indicator of CPI, rose more than expected. YoY prices jumped by 3%, versus expectations of 2.7%. The Oct. YoY core PPI increase of 2.9% was revised up to 3.4%, and the Nov. gain was 3.5%. Immediate rate hikes are needed to cool inflation that’s heating up.