PCE Measure of Shelter Slows Slightly to 5.8% YoY in March
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Here is a graph of the year-over-year change in shelter from the CPI report
and housing from the PCE report this morning, both through March 2024.
[image: ...
3 hours ago
4 comments:
Does he suppose his viewers are dim enough to mistake declining yields for declining prices? I rather think he might.
dearieme,
I actually think that was a rare moment of genius from Mr. Kudlow.
That said, look when he said that. It was probably hard not to see the obvious three weeks after 9/11/01. The events were fully visible in the rear view mirror! It's amazing what will show up in it if you just keep looking.
Gallows humor. Sigh.
Have a good weekend Mark.
GYSC,
Let's Go! ;)
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