The Weekly Wrap: Wall Street’s Adventures in Wishful Listening
\n\nWelcome back to Friday! This is another edition of the Breitbart Business Digest weekly wrap.
\n\nIt was inflation week in America. The consumer price index jumped 0.6 percent because greedy drivers keep insisting on paying more than $4 for gasoline. The producer price index jumped 1.3 percent just to show us what it can do if people insist on calling it the wholesale price index, a name it hasn’t used since Jimmy Carter was president. The index of export prices also rose due to the greed of foreigners, and the index of import prices climbed a bit less because we’re less greedy than, say, the French.
\n\nNot everything was about inflation this week. The Beige Book came out; and, once again, it demonstrated that no one pays attention to the Beige Book. We have given up trying to make people pay attention to anything beige, so that’s the last time we’ll mention it in this weekly wrap. The Office of the Comptroller of the Currency issued a damning report on debanking that the financial press tried to downplay as much as it could. Tesla made cars fly—at long last bringing us…
Original source: https://www.breitbart.com/economy/
