Dee Feat is in Dee Flation - part the forty second

The morons from wannaBePresident Huey Long 2024's sorry ass time in office continue to bray that inflation is coming!!! Yeah, right.

Here's today's numbers from briefing.com

08:31 	ECONX Q2 Employment Cost Index 0.7% vs. 0.9% Briefing.com consensus; 
                                                     prior 0.9%
 
08:30 	ECONX June PCE Prices Core 0.4% vs. 0.6% Briefing.com consensus; 
                                                 prior 0.5%
 
08:30 	ECONX June Personal Spending 1.0% vs. 0.7% Briefing.com consensus; 
                                                   prior revised to -0.1% from 0.0%
 
08:30 	ECONX June PCE Prices 0.5% vs. 0.7% Briefing.com consensus; 
                                            prior revised to 0.5% from 0.4%
 
08:30 	ECONX June Personal Income 0.1% vs. -0.6% Briefing.com consensus; 
                                                  prior revised to -2.2% from -2.0%

While not tsnuami good, all better than 'consensus'. Ya think? Capitalists are greedy; they're ramping production to meet demand, but it's not like a fire hose, more a 5/8 inch garden hose with suburban water pressure.