TCRT-PGEN Fundamental & Technical Discussion Board - PCE came in a little lower than expected. That is good but it's still not where it needs to be - TCRT-PGEN Fundamental & Technical Discussion Board - InvestorVillage


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Msg  28413 of 29027  at  6/30/2022 12:36:56 PM  by

Eatsmelts


 In response to msg 28408 by  kcchris
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Re: PCE came in a little lower than expected. That is good but it's still not where it needs to be

 With all these reports the key will be not looking at revenue, but rather how many units of something is being bought month over month. For example, if Tyson said "Hey our revenue is up 25% this month" but their number of chickens sols drops by 10%, then that is more an indicator of the pain Main Street is enduring. The government has been cooking the books for a long time. How many "chickens in the pot" is a better tell of how things are going. 
 
Biden isn't going to reverse his disastrous energy policy anytime soon (which would drop gas to the $3's by the election in lower state-tax states).  


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Msg # Subject Author Recs Date Posted
28414 Re: PCE came in a little lower than expected. That is good but it's still not where it needs to be b_f_l_o 2 6/30/2022 1:00:51 PM




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