Down Syndrome

the PCE comes in hot, and I say thank you!

The widely anticipated PCE came out, and, in spite of being concocted by the very government which is dependent on the number being low, it actually came in hot. Indeed, over the past four months, I think I'm sensing a bit of a trend.

I guess the "I Will Fix Inflation on Day One" pledge has gone the way of all the other Day One pledges, eh? One thing is …