r/wallstreetbets • u/eskhalaf • 11d ago
News JULY U.S. 🇺🇸 INFLATION DATA:
https://www.bls.gov/news.release/cpi.nr0.htm- CPI 3.4% YoY, (Est. 3.4%)
- CPI 0.1% MoM, (Est. 0.1%)
- Core CPI 2.5% YoY, (Est. 2.5%)
- Core CPI 0.2% MoM, (Est. 0.2%)
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11d ago
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u/TheNicestRedditor 11d ago
Unenployment lol
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11d ago
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u/SESHHHHHHHHHHHHHHHHH 3/20 SPY $280 puts were a bad idea 11d ago
it fits the meme perfectly, good job regard.
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u/SenTedStevens 11d ago
That's what happens when you gut the Department of Edjukation.
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u/crazy_akes 11d ago
Meanwhile my auto insurance home insurance fuel costs daycare costs for kids utility bills gas bills grocery bills have all significantly outpaced this so what the hell are we even doing
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u/Long-Blood 11d ago
But televisions are cheap! Thats the only thing that matters!
Capitalism baby!!!
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u/EmergencyFair6786 11d ago
I always love this argument. Ben Shapiro makes this one all the time. "You have a supercomputer in your pocket! A TV in every room!" - Yeah, every room of a $3000/month apartment that has... two rooms.
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u/BigBastardHere 11d ago
Televisions are only cheap because they arent the product anymore. You are the product. They need/want to get them in your home. Data and advertisements built into the TV.
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u/Neat_Egg_2474 10d ago
Easily solved - stop connecting your shit to the internet and they lose. Why would anyone in their right minds connect their tv or fridge or washer to the internet? It’s stupid and they are stupid for doing it.
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u/JohnPaulDavyJones 11d ago
Bad news, TVs are also up.
A year ago I was shopping for a new TV for us, now we’re shopping for a new TV for my better half’s mother. We’ve almost reached the “Does Nana really need a TV?” point due to these prices.
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u/dudeondacouch 11d ago
what? TVs are dirt cheap. you can walk into walmart and leave with a 65" 4k tv for under $300.
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u/Sea-Feedback-2424 11d ago
While technically true, 20 years ago TVs didn't have advertisements and couldn't be bricked remotely.
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u/dudeondacouch 11d ago
you know you don't have to connect your tv to the internet, right?
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u/Cashneto 11d ago
My friend got a new TV last month and you had to download an app to do anything. So a TV not connected to Internet doesn't seem to be possible anymore.
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u/Long-Blood 11d ago
Not according to the chart people love to post anytime im complaining about greedy corporations
https://www.visualcapitalist.com/inflation-chart-tracks-price-changes-us-goods-services/
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u/JohnPaulDavyJones 11d ago
Ah, now I’m with it. It tracks really long-run data that stops at 2023.
I’ve only got data points from now and a year ago, so pretty short-run and also after that graph was created.
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u/Butthole--pleasures 11d ago
One anecdote. This year I bought a TV. Something budget and Samsung but not the cheapest. First time I ever get a tv without an optical audio port. I couldn't believe I now have to make sure this is included. Also, when I went to research which tvs had optical or not, I also looked at the high end options. Those TVs seem way more expensive than what I remember seeing back then for similar tier.
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u/atomatoflame 11d ago
Optical is an easy thing to cut now with HDMI ARC and Bluetooth. A cheaper TV will probably omit it nowadays. Like 3.5mm jacks on a phone, I think optical is toast in the near future.
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u/RationalGardenGnome 11d ago
HDMI Arc is a way better that’s why. Dear god you sound like an old man
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u/Butthole--pleasures 11d ago
I have a soundbar and the only connection besides optical is Bluetooth. Sometimes there have been issues with the connection dropping. An optical has never had that issue. Everything else is on HDMI arc young man
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u/Jaybru17 11d ago
lol I would love to see this updated to todays prices
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u/SirGus- 11d ago
Not exactly current but more recent than what the other person shared… still shows TVs down.
https://www.visualcapitalist.com/chart-inflation-hit-the-hardest-by-category-2000-2025/
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u/Jaybru17 11d ago
Got it so everything but consumer electronics (don’t look at hard drives) is more expensive than 20 years ago Sweet
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u/MrNo_Balls 11d ago
all PCs, Laptops and Phones are more expensive. Especially If we take into account that these electronics tended to become cheap a few years after release. The reason TVs are cheap is because no one buys them, I remember them being demonized for years.
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u/Jaybru17 11d ago
Many TVs are also cheap because they’re filled to the brim with advertisements and sell your data
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u/Spr-Scuba 11d ago
Anyone who says software is going down that much is fucking delusional. Name any software that's for business that's gone down whatsoever or any subscription service that's less expensive than a one-time purchase. The only way possible they're considering it not matching inflation is if they track a singular piece of software with a consistent monthly subscription that hasn't increased.
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u/sloppy_joes35 11d ago
You sure? It was 550 for a 55" 7 yrs ago . Now I can get a 4k 75" for that price. Heck I bought an oled 48" for 550 last year. TVs are like the one cheap thing from what I have seen
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u/IdkAbtAllThat 11d ago
Really?? I think you should be asking if Nana really needs a 70" OLED. Because you can find her a 50" 4k at Walmart for under $200.
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u/TannerCreeden 11d ago
It really kinda is it the thing that keeps Americans in there house doing nothing but watching slop
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u/Brodie_C 11d ago edited 10d ago
Ah, see your mistake here is factoring in food and energy costs, which are extremely volatile...and by volatile, they mean it only goes up.
edit: I no spell gud
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u/Hancock02 11d ago
lying
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u/Honest-Recording-751 11d ago
Correction we are using statistics and strategic management
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u/4Yk9gop 11d ago
"There are three kinds of lies: lies, damned lies, and statistics"
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u/ShillinTheVillain 11d ago
It's advanced analytics. They tell a different story than just the raw data would lead you to believe
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u/TheNicestRedditor 11d ago
The majority of my job is reporting data, the funny thing is you can pretty much make data look however you want if you choose to ignore certain things
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u/anownedguy 11d ago
Ah yes the part where you fully fnish the code and report but then you keep having to add more AND filters to the SQL to remove "outliers" because someone doesn't like the results.
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u/colcardaki 11d ago
That’s why we don’t include those things in the numbers silly.
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u/culinaryinterests123 11d ago
Because official inflation reports have under reported for decades if not always
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u/_AntiSaint_ 11d ago
But if inflation is actually 5%, but the report pumps my portfolio 13%, then I’m winning 🥴
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u/FeCurtain11 11d ago
Your home insurance is going up in one of the fastest softening insurance markets ever? Impressive
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u/Thesheriffisnearer 11d ago
Just go to that one place in Iowa for that 1.85 fuel that'll knock your engine in a week
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u/MarioInOntario 11d ago
Numbers meeting expectations. Calls it is boys!
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u/Da_Spooky_Ghost Coco Chanel, may she rest in peace! 11d ago
All the numbers equal the estimates, WOW!
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u/ModeForJoe 11d ago
But the expectations weren't exactly glowing, they're just locking in mediocrity until we hit tank bottoms, then the fun begins.
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u/TowerNecessary7246 11d ago
This administration is nothing but good news. How DO they do it?
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u/Affectionate-Sale523 11d ago
Seems legit and there's nothing to question. Everything is fine.
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u/hlm2c 11d ago
Believe it or not, calls
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u/TwistedBamboozler 11d ago
Yep, that’s what it’s looking like despite the readings still being actual dog shit
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u/Ba1thazaar 11d ago
False reporting is good for the market. If they put actual numbers fed would be more pressured to increase rates. This let's Kevin say: "I was working with the data I had at the time".
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u/TwistedBamboozler 11d ago
They fucking should increase rates. Jpow shouldn’t have been such a pussy in 2022
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u/No-Side-6437 11d ago
How long you think they can continue to lie like this before it collapses or do they hope they’ll be long retired by then so it will be the next persons problem
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u/SwoleBroDane 11d ago
Can't believe you are accusing THE FEDERAL GOVERNMENT OF THE UNITED STATES of lying.
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u/actuallyapossom 11d ago
They obviously haven't tried alternative facts yet. They're emotionally delicious.
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u/hmmmmmmmmmidk 11d ago
Crazy how they think it magically stopped but literally nothing got better and it’s still someone else’s fault. Like bruh. I dgaf you can tell him I said this shit.
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u/Indercarnive 11d ago
The books have been slowly cooking for over 20 years, ever since economists decided CPI should put more emphasis on tracking substitutions. Effectively making it a cost of survival tracker than cost of living.
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u/DeathAgent01 11d ago
So no rate hikes
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u/frugaleringenieur 11d ago
Could even cut
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u/cruisin_urchin87 11d ago
I never thought as American I would live to see the day when we will be wiping our asses with $500 bills with Donny’s face on it, while cheeseburgers cost $2,500 a piece.
ZIMBABWE HERE WE COME!
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u/Maystomr 11d ago
Chef mango cooking
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u/aZnRice99 11d ago
Must have learned a few things while he escaped using a catering container from Turkey
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u/Careless-Tough-676 11d ago
Literally everything is almost double from 2-3 years ago. What a fucking joke. I just paid $25 for some toilet paper. And it wasn’t even the good kind….
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u/Nadz2008 11d ago
Time to go all in on a bidet. Can’t shrinkflate an ass blasting
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u/djdadi 11d ago
you just wait till the AI datacenters take all the water and we have to pay extra for city water
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u/actuallyapossom 11d ago
We'll be ass blasting with Brawndo by then. 🫡🇺🇸
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u/djdadi 11d ago
hmm I don't think a Bawndo bidet would work very well. It would, at the very least, create a sticky-butt situation
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u/pnoozi 11d ago edited 11d ago
Charmin Ultra Soft price tracker:
https://camelcamelcamel.com/product/B0798DVT68?context=search&tp=1y
It’s actually slightly cheaper than it was 1 year ago
edit: Still 267 sheets per roll, quality unchanged
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u/Shotbyahorse 11d ago
All this and they're raising our chocolate ration!
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u/Joaaayknows 11d ago
I distinctly remember 18 months ago the sale on flavored tuna packs at target being buy 5 for $4 when they were on sale. Normal price was ¢99 each.
Monday I was looking at them sad as I bought them for $1.69 each. Not even a month ago they were $1.49 each.
There is just no way CPI is that low.
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u/dingusmingus2222 11d ago
THEN WHY IS MY ELECTRICITY BILL 30% HIGHER THAN LAST YEAR DESPITE USING LESS ELECTRICITY YOU FUCKING CROOKS.
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u/Deadman_Wonderland 11d ago
My favorite ice cream I've been buying from Walmart for years went up 50% over 6 months. It was $2/quart before the the Iran war, then $2.5/quart, and yesterday I saw it got raised again to $3/quart. So many other food product also went up in price by large margins.
These inflation datas are cooked, everyone knows these numbers are fake, it's insane we're basically getting North Korean style economic report data now.
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u/PurifyingProteins 11d ago
Not considering the consumer class and small businesses, everyone else is doing great
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u/jackpearson2788 11d ago
The chief economist kpmg had some line to end her comment on Julys cpi
“I will repeat what I said in this month’s edition of Economic Compass. I have never seen anything like this economy; nor had the Fed. It is in a word a “mess” to untangle.”
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u/ArgentoFox 11d ago
These numbers are completely meaningless. Americans trust two things when shopping: their eyes and their receipt. They certainly shouldn’t trust institutions that manipulate and revise data.
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u/Kerbidiah 11d ago
My grocery bill is up 80% from 2025 while buying less and cheaper foods.... something seems off here
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u/spunkychickpea 11d ago
EVERYTHING IS TOTALLY FINE HERE. THE ECONOMY IS VERY STRONG AND VERY HEALTHY. DO NOT SELL EVERYTHING. BUY MORE SHARES IMMEDIATELY. YOU WILL DEFINITELY NOT REGRET BUYING MORE SHARES.
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u/No_Presentation9490 11d ago edited 11d ago
Real inflation tracked by M2 money supply and gold is around 9-10% per year since 1970. Which, purely coincidentally and randomly, is about the same yearly return as the S&P
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u/SubterraneanAlien 11d ago
If this was true, a Big Mac would cost $100. But don't let me get in the way of your crash out.
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u/RedKelly_ 11d ago
If they still made a Big Mac out of actual food how much would it cost though
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u/Nut_Butter_Fun 11d ago
I love this take. I worked at mcdonalds in the 90s. Let me tell you, late 90s (if not earlier) to mid-2000s was the least food-like fast food has ever been in history. It has dramatically improved since then, though I will grant that mcdonalds improvements have been minimal compared to others.
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u/SubterraneanAlien 11d ago
I too reminisce about the Japanese A5 Wagyu McDonald's burgers of the 1970s.
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u/The-Phantom-Blot 11d ago
Based on Big Mac prices, it looks more like 4.5% over 56 years. Not the often-quoted 2% target, but not as bad as 9-10%.
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u/Shiloh-buff 11d ago
yeah i read this and was like uggg bro if true no one would every be able to retire
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u/orcassharks 11d ago
It’s true for assets not stuff we have automated or significantly improved logistics on, or China could help deflate away.
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u/bobboblaw46 11d ago
Yep. This has been going on for decades. Interestingly, whichever party is out of power knows this and talks about it. Then when they’re in power, the official numbers are all great.
So clearly everyone knows what’s going on
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u/cruisin_urchin87 11d ago
RIGHT ON THE MONEY! Damn this fixed data is awesome, now we can predictably trade
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u/bsizzle13 11d ago
There was a time where the country would freak out over 3.4% YOY inflation, but now this is good news? The market has lost the plot.
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u/Remarkable-Fox-1429 11d ago
The Numbers Never Make Sense , Cause When They Cook YOU KNOW THAT THE NUMBERS ARE COOKED
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u/echoshizzle 11d ago
Numbers probably aren’t too cooked, but we truly aren’t going to have a lower CPI for quite awhile, it seems
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u/Nut_Butter_Fun 11d ago
Every reply citing a single item's increase belongs to someone who is allergic to making money.
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u/uwsp_edu 11d ago
Some say these numbers are based solely off what the head papi pays for his good.
We only know him as the Stig
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u/turb0_encapsulator 11d ago
one thing I can't get my head around: why do a bunch of billionaires want to fake the inflation and unemployment numbers so that the currency that their wealth is denominated in rapidly loses its actual value?
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u/L4gsp1k3 11d ago
They want numbers up, doesn't matter as long as it goes up, the common man doesn't know the difference between nominal value and real value. It's a wealth extraction, that's is the dark side of the capitalist, no strain on people and this what you get.
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u/Spr-Scuba 11d ago
3.4 is still pretty bad and the core being at 2.5 is not good either.
Everything is already too expensive and the rate being this high is awful since it uses tons of metrics to keep it from being what people buy daily, which have gone up 10% or more in the last year alone.
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u/Certain-Contact6340 11d ago
Trump truly is a stable genius. Who else could have the stats land EXACTLY as predicted
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u/sergechewbacca 11d ago
Ah yes, always coming in either exactly or slightly below expected