https://www.wcnc.com/article/news/v...heck/536-b02b3274-bc39-490e-83ca-0d66822eb5aa


https://marketrealist.com/p/peanut-butter-shortage/
Peanut Butter Shortage Hits U.S. Consumers After Jif Recall

Do ya think this means the mom of the kid with peanut allergies won't hang around at drop-off to ask the parent responsible for snacks "does your snack contain any peanuts or peanut butter?" And might she stop pointing to every teacher's lunch bag and saying, "no peanuts or peanut butter, right?"

 

Do ya think this means the mom of the kid with peanut allergies won't hang around at drop-off to ask the parent responsible for snacks "does your snack contain any peanuts or peanut butter?" And might she stop pointing to every teacher's lunch bag and saying, "no peanuts or peanut butter, right?"

 

https://www.theregister.com/2022/06/20/dram_prices_drop/
DRAM prices to drop 3-8% due to Ukraine war, inflation

The culprit for the DRAM price drop is one that we've been hearing a great deal about in the past few months: weaker demand for consumer electronics, including PCs and smartphones, as a result of high inflation and Russia's ongoing invasion of Ukraine, according to TrendForce.

The weaker consumer demand means DRAM inventories are building up at system vendors and distributors, which means they don't need to buy as much in the near future. This, in turn, is why memory prices are dropping, the research firm said.

 

https://www.wsj.com/articles/high-gas-prices-hit-demand-as-drivers-cut-back-at-the-pump-11655890381

American drivers are starting to buy less gasoline as they feel the economic burden of record prices that continue to hover near $5 a gallon.

In the first full week of June, gasoline sales at U.S. stations were down about 8.2% compared with the same week last year—the 14th consecutive week that sales have lagged behind 2021 levels, according to surveys by energy-data provider OPIS.

In the week ended June 10, the Energy Information Administration’s measure of implied demand—an estimate of products supplied to consumers—declined by roughly 110,000 barrels a day from the prior week, to about 9.1 million barrels a day. That figure is down from about 9.4 million barrels a day the same time last year.

 

https://www.france24.com/en/live-news/20220620-dutch-join-germany-austria-in-reverting-to-coal

Dutch join Germany, Austria, in reverting to coal

The Netherlands said it would lift all restrictions on power stations fired by the fossil fuel, which were previously limited to just over a third of output.

Berlin and Vienna made similar announcements on Sunday as Moscow, facing biting sanctions over Ukraine, cuts gas supplies to energy-starved Europe.

"The cabinet has decided to immediately withdraw the restriction on production for coal-fired power stations from 2002 to 2024," Dutch climate and energy minister Rob Jetten told journalists in The Hague.

The Dutch minister said his country had "prepared this decision with our European colleagues over the past few days".

 

https://www.france24.com/en/live-news/20220620-dutch-join-germany-austria-in-reverting-to-coal

Dutch join Germany, Austria, in reverting to coal

Well figure it this way. This is summer but as we all know winter will get here. Less removing restrictions it's going to be a long, very cold and very dark winter for them. Currently Germany boast some of the most expensive energy on planet earth. Things are going to get ugly.

Ron

 

https://www.wsj.com/articles/markets-head-toward-worst-start-to-a-year-in-decades-11656551051

Stock Markets Post Worst First Half of a Year in Over Five Decades
Investors gird for more volatility; almost everything—from stocks to bonds and crypto—falls to start 2022

 

https://www.wsj.com/articles/coolin...s-to-turn-pandemic-boom-into-bust-11656674342

Rising consumer prices and interest rates have caused U.S. consumers to pull back in recent months, particularly on goods purchases.

U.S. household spending rose a seasonally adjusted 0.2% in May from the previous month, the slowest monthly pace this year, with spending on goods falling 0.7%, the Commerce Department said Thursday.

After adjusting for inflation, overall spending fell 0.4% in May and goods spending was down 1.6%.

In particular, outlays for durable goods, those meant to last at least three years, have weakened considerably since the start of the year. Adjusting for inflation, durable-goods spending fell 3.5% in May to the lowest level since December 2021. Lower spending on motor vehicles and parts accounted for more than three-quarters of the decline in durable-goods spending in May, according to the Commerce Department.

The cooling of demand for goods is unlikely to bring inflation rates down quickly, since Russia’s invasion of Ukraine has pushed global energy and food prices sharply higher.

U.S. consumer prices were up 8.6% in May from the previous year.

The European Union’s statistics agency Friday said consumer prices in the eurozone were 8.6% higher in June than a year earlier, the highest inflation rate on record.

 

https://www.yahoo.com/now/rpt-column-u-forms-friendly-010000904.html
A metallic NATO is starting to take shape, though no-one is calling it that just yet.

LONDON, June 30 (Reuters) - A metallic NATO is starting to take shape, though no-one is calling it that just yet.
The Minerals Security Partnership (MSP) is in theory open to all countries that are committed to "responsible critical mineral supply chains to support economic prosperity and climate objectives".
But the coalition assembled by the United States is one of like-minded countries such as Australia, Canada, the United Kingdom, France and Germany with an Asian axis in the form of Japan and South Korea.
It is defined as much as anything by who is not on the invite list - China and Russia.

 

https://www.cnbc.com/2022/07/13/inf...an-expected-as-price-pressures-intensify.html

Shoppers paid sharply higher prices for a variety of goods in June as inflation kept its hold on a slowing U.S. economy, the Bureau of Labor Statistics reported Wednesday.

The consumer price index, a broad measure of everyday goods and services related to the cost of living, soared 9.1% from a year ago, above the 8.8% Dow Jones estimate. That marked the fastest pace for inflation going back to November 1981.

Excluding volatile food and energy prices, so-called core CPI increased 5.9%, compared with the 5.7% estimate. Core inflation peaked at 6.5% in March and has been nudging down since.

On a monthly basis, headline CPI rose 1.3% and core CPI was up 0.7%, compared to respective estimates of 1.1% and 0.5%.

Taken together, the numbers seemed to counter the narrative that inflation may be peaking, as the gains were based across a variety of categories.

 

https://www.wsj.com/articles/the-1-50-costco-hot-dog-combo-that-defies-inflation-11657753870
The $1.50 Costco Hot Dog Combo That Defies Inflation

The warehouse club’s popular food court item has stayed the same price since its debut in 1985 despite rising food costs

 

https://www.foodandwine.com/news/france-mustard-shortage

Good Mustard Is Getting Hard to Find in France

 

Ouch! Prices at my fav local meat market.

 

https://www.latimes.com/entertainme...aming-tv-antennas-free-tv-scripps-tv-stations

As inflation puts pressure on household budgets, consumers are taking a closer look at how much they spend on subscription streaming services.

One way to bring that cost down is adopting the original TV technology — over-the-air antennas that capture broadcast signals without a connection to a cable box, satellite dish or internet. The monthly price for watching is the same as it was when RCA Chairman David Sarnoff flipped the switch on the first commercial TV station at the 1939 New York World’s Fair: free.

 

https://www.theguardian.com/busines...edding-inflation-says-bank-boss-andrew-bailey


Workers asking for pay rises risk embedding inflation, says Bank boss
'If everybody tries to beat inflation – in price-setting and wage-setting – it gets worse,’ warns Andrew Bailey

 

It’s a no brainer.
Wages go up, prices go up, inflation continues. It is viscous cycle.
Where does it begin? Where does it end? It never does. It never will.

 

The trick is knowing how to tame the beast. And feed it as little as possible.

 

Another way of looking at it, it is called ROI, Return On Investment.
Whether it is your time or capital, everyone wants to make a profit.

In one word, it is called greed.

 

https://www.federalreserve.gov/econ...ng-covid-19-a-cross-country-view-20220715.htm

In this note, we examine how fiscal support impacted the balance between supply and demand across countries during the COVID-19 crisis. Our findings suggest that fiscal stimulus boosted the consumption of goods without any noticeable impact on production, increasing excess demand pressures in good markets. As a result, fiscal support contributed to price tensions. Indeed, focusing on inflation through February 2022 which does not capture many disruptions associated with the war in Ukraine, we show that countries with large fiscal stimulus, or with high exposure to foreign stimulus through international trade, experienced stronger inflation outbursts. Our back-of-the-envelope illustrative calculations suggest that U.S. fiscal stimulus during the pandemic contributed to an increase in inflation of about 2.5 percentage points (ppt) in the U.S and 0.5 ppt in the United Kingdom.

 

https://financialpost.com/news/economy/forget-inflation-shrinkflation-is-sparking-fury-in-germany?r

German shoppers are getting increasingly angry at attempts to hike goods prices by stealth.
While so-called shrinkflation — where the cost of a product stays the same though its size declines — isn’t a new phenomenon, consumer-protection authorities in Europe’s top economy are being inundated by complaints.

Its Hamburg branch alone received about 100 in the past two weeks — a record that’s three to five times above the norm.

The group’s list of “bluff packages” includes 14 per cent inflation for gummy bears and 20 per cent for potato chips. Manufacturers have called a 25 per cent price jump for some margarines an “exceptional step in difficult times” caused by “dramatic cost increases across the whole supply chain, including raw materials.”