Activist Post
By David Smith – December 21, 2021
The Producer Price Index (PPI) is a measure of inflation expectations by industry producers. Most investors keep an eye on the Consumer Price Index (CPI).
However, the CPI gauge is not only incomplete, it is, as U.S. Global’s Frank Holmes likes to say, “backward looking” …and, as Graham Summers pointed out, “gimmicked to the point of fiction.”
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