fukhueson@lemmy.world to News@lemmy.world · 4 months agoMonthly US consumer prices post first drop in four years as inflation subsideswww.reuters.comexternal-linkmessage-square12fedilinkarrow-up17arrow-down11
arrow-up16arrow-down1external-linkMonthly US consumer prices post first drop in four years as inflation subsideswww.reuters.comfukhueson@lemmy.world to News@lemmy.world · 4 months agomessage-square12fedilink
minus-squareWatDabney@sopuli.xyzlinkfedilinkarrow-up1·4 months agoThis is like compulsive gambler logic - 48 losses in a row followed by 1 win - “Woohoo! I’m on a winning streak now!”
minus-squareCarrolade@lemmy.worldlinkfedilinkEnglisharrow-up0arrow-down1·4 months agoThat’s kind of just how trends work. Economics indicators tend to lag, as it takes time for supply chains to adjust to conditions and changes. Deflation is actually not a desirable thing anyway, so this isn’t actually necessarily a win. But I’ll take it anyway.
minus-squareNegativeInf@lemmy.worldlinkfedilinkarrow-up1·4 months agoIt represents a break in the previous trend.
minus-squareCarrolade@lemmy.worldlinkfedilinkEnglisharrow-up0·4 months agoNo, but the few years of inflation was. Now that trend is changing.
This is like compulsive gambler logic - 48 losses in a row followed by 1 win - “Woohoo! I’m on a winning streak now!”
That’s kind of just how trends work. Economics indicators tend to lag, as it takes time for supply chains to adjust to conditions and changes.
Deflation is actually not a desirable thing anyway, so this isn’t actually necessarily a win. But I’ll take it anyway.
One month is not a “trend.”
It represents a break in the previous trend.
No, but the few years of inflation was. Now that trend is changing.
Or it’s noise.