- US Headline inflation m fell to 4.9% in April, below expectations.
- Core CPI dropped to 5.5%, matching expectations.

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

A more zoomed in view shows that inflation has not been tamed

So far, it is pretty sticky, thing is, what will FED break first, inflation or the economy?

I think recession is here in a few quarters; it just depends. Will it be a mild recession or a hard landing with many of layoffs and bankruptcys.

Electricity is my passion, mountains are my way of life.