5978 Followers
2308 Following
Tracking inflation in the age of Trump.
One of the old big three (Kodak, Xerox, Bausch and Lomb) from Rochester NY looks like it may finally go under. It's been a husk of its former self for years. In the 70s it was known as one of the Nifty Fifty and man, the amount of patents and tech they invented can't even be described.
Eastman Kodak, the 133-year-old photography company, is warning investors thats it might not survive much longer.
Motor vehicle repair inflation 11.0%, up 0.8 m/m
Medical inflation 4.3%, up 0.6 m/m
Cigarette inflation 8.0%, up 0.8 m/m
Tires inflation 3.3%, up 1.0 m/m
Coffee inflation 14.5%, up 2.6 m/m.
After deflating for a time, tomato prices are back on the rise, up 1.8% in July month-over-month. And the new tariffs didn't start til mid-month.
Inflation: www.bls.gov/news.release...
Tariffs: apnews.com/article/mexi...
The U.S. government says it's placing a 17% duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff.
Bacon inflation 4.6%, up 1.9 m/m
Ground beef inflation 11.5%, up 2.4 m/m
RenMac: 🇺🇸
