Gasp! Inflation down

"Curses, Foiled Again!" Business Talking head shocked when the Consumer Price Index drops despite his prediction of an increase

Steve Liesman of CNBC was giddy with excitement as he began the CPI report.

“As the numbers rolled in, Liesman prepared his colleagues, saying ‘now, the number of the morning... the CPI.’

But the introduction was followed by a momentary pause as shock spread across Liesman’s face.

‘Oh,’ he said.

‘Maybe coming in a little better than expected,’ he added after another brief pause.

The CPI rose to 2.7 percent year-on-year in November, down from the 3 percent increase in September.

Back in March, just two months after Trump returned to office, Liesman warned his tariff agenda would be costly to America and an ‘insane’ decision from the president.”

For the TDS crowd, the narrative has shifted to the CPI decrease was due to the Government shut down. That’s interesting, however, the positive effect of President Trump’s tariffs is more likely the explanation.

For everyone’s situational awareness, “CNBC” kept the CNBC acronym, but CNBC now stands for Consumer News and Business Channel. Comcast sold off CNBC and MSNBC. The financial return on investment was just not there for the CNBC and MSNBC who focused on the Trump Derangement Syndrome Demographic.

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