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Old 12-12-2024, 08:23 AM
john352 john352 is offline
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Default Please justify "shelter costs coming down."
Quote:
Originally Posted by CoachKandSportsguy View Post
per macro analyst this morning on Bloomberg, Dr. David Kelly, Chief Global Strategist for J.P. Morgan Asset Management.

Inflation is currently a rich person's problem, where the bulk of the inflation is in high end services

For the poors, gasoline is down, and shelter costs coming down.
In your chart the only "shelter cost" that I saw was "Rent of primary residence." and it was up 4.4%. In addition "Electricity" was up 3.1%.