Trump: “Almost NO INFLATION”, Then Data Shows Expectations Well Above Fed’s 2.0% “Objective”

Here’s the latest example of mixed signals in the economy, and today they’re inflation related…

On Wednesday I wrote (and discussed, below) about Mixed Signals.

They are everywhere.

Indeed.

In the economy, in the markets, and in politics.

The latest case in point is fresh off the presses this beautiful Friday morning.

First, there was President Trump’s Tweet:

Well.

“Almost no inflation”.

Is there really almost no inflation?

Do people actually believe this, or this “4-D Chess”?

Regardless, there was a data release form the University of Michigan shortly after showing inflation expectations well above the Fed’s 2.0% objective, both over the next year, and over the next five years.

Of course, we don’t need Tweets or surveys to tell us whether there is or isn’t inflation.

James and I spoke about both mixed signals and inflation at length during our live-stream on Wednesday:

In fact, we specifically discussed how the mixed signals on the very same thing are in both politics and the economy at the very same time:

 

Finally, that’s not all President Trump has been Tweeting about today pertaining to the economy.

In addition to the inflation comment, here’s what else the President had to say:

Meanwhile, well, this:

What’s the word I’m looking for?

Oh yeah, they’re two words.

“Flash” & “sale”.

It is.

Stack accordingly…

– Half Dollar


 

About the Author

U.S. Army Iraq War Combat Veteran Paul “Half Dollar” Eberhart has an AS in Information Systems and Security from Western Technical College and a BA in Spanish from The University of North Carolina at Chapel Hill. Paul dived into gold & silver in 2009 as a natural progression from the prepper community. He is self-studied in the field of economics, an active amateur trader, and a Silver Bug at heart.

Paul’s free book Gold & Silver 2.0: Tales from the Crypto can be found in the usual places like Amazon, Apple iBooks & Google Play, or online at PaulEberhart.com. Paul’s Twitter is @Paul_Eberhart.

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