
u/z34conversion

Hot PPI numbers
How are you all taking the PPI numbers from this morning? I was shocked when futures weren't very responsive before market open.
>Today’s U.S. Producer Price Index (PPI) report for April 2026:
>>Headline PPI (MoM): +1.4% vs. +0.5% expected
>>Headline PPI (YoY): +6.0% vs. about +5.0% expected
>>Core PPI ex-food & energy (MoM): +1.0%
>>Core PPI ex-food & energy (YoY): +5.2%
It was the biggest monthly wholesale inflation jump since 2022.
The numbers suggest inflation pressures are reaccelerating.
Traders are now pricing in fewer Fed rate cuts and potentially even future hikes.
The spike was driven heavily by:
>Energy prices
>Transportation/warehousing costs
>Trade margins/services inflation
Another segment from the saga in Utah and this one is hilarious 😂
Gabi and Jackie truly embodying the spirit of the jester by calling Kevin O’Leary out with witty banter and fact based reporting! 🃏
Shoutout to them for exposing the Stratos data center project for what it really is: a smash and grab for the 1% at the expense of everyone else.
Here’s a link to all their content, consider supporting them in their endeavors —> https://linktr.ee/elevateutah
And yes… we’ve reached the shameless plug portion of the post —> https://401jk.link
Stellantis and Leapmotor go big, plus in the US: 'Save us from Chinese EVs!'
**For all the fear of Chineese EVs, and Stellantis scrapping EV plans, it's ironic that Stellantis would be the one to help Chineese EVs skirt the EU tariff barrier.**
The massive Stratos project tied to Kevin O'Leary is causing a huge stir in Utah because the numbers are just staggering. He really is looking to lock down around forty thousand private acres out in Box Elder County, which puts the physical footprint at over sixty square miles and makes it basically the size of Washington D.C. The power demands are equally wild, aiming for nine gigawatts at full build-out. To put that in perspective, the daily average power draw for the entire state of Utah is only around four gigawatts. The developers argue that they will not strain the public grid at all because they plan to generate all that energy on-site by tapping directly into a major natural gas pipeline that runs right through the property.
Water and taxes are the biggest friction points for locals right now. Utah deals with constant drought conditions, leading scientists from Utah State University to publicly question how an ecosystem with already stressed aquifers is going to handle a project of this scale. The developers are pushing back by saying they will use a closed-loop cooling system to avoid wasting water. On the financial side, the project is set up through a special state military authority that lets developers pocket eighty percent of the new property tax revenue to fund the massive infrastructure build. Local leaders were initially furious because they felt kept in the dark about the whole thing. Residents have pushed back hard enough that local officials just delayed the vote, and a big public meeting is now scheduled for May fourth at the county fairgrounds in Tremonton so people can finally voice their concerns.