The Inflation Reports Were Off

[gab13by13]

I looked at what reputable economists are saying. One economist said to take the reports with a salt shaker of salt.

The reports happened during the shutdown.

The report on rent looks bogus.

The data was incomplete, no October numbers, other missing numbers.

Krasnov's "economists" are praising the reports as a sign that the Fed needs to keep lowering interest rates, which is the only goal that Krasnov has, crash the dollar.

[UpInArms]

1. The report this morning was an utter load of lying crap

Just saying

[Coldwater]

2. Didn't Trump fire

The Bureau of Labor Statistics commissioner earlier this year after the dismal employment report.

[GreatGazoo]

3. rent is down, inventories are up

This is good (well, better) for renters but not necessarily a good sign for the economy.

https://www.cnbc.com/2025/12/02/apartment-rents-vacancies-november.html

[gab13by13]

4. Those are one of the numbers

that one economist said, look suspect.

[GreatGazoo]

6. but they weren't generated by government entities

They are from multiple independent sources and some of them tie to new apartments becoming available that were built in the last two years because rents were so high. It isn't the kind of number that can be gamed.

These patterns reinforce the broader trends: markets with the highest levels of new construction are seeing the weakest rent performance

https://www.costargroup.com/press-room/2025/apartmentscom-releases-multifamily-rent-growth-report-september-2025

[WSHazel]

5. The housing market will be interesting

I think there is a lot of excess supply not showing up in the numbers in the single family home market, and the commercial-to-residential rental conversions are picking up. At the same time, the population is growing very slowly, and may decline this year.

All those millennials sitting on the sidelines may be getting their first homes a lot cheaper than if they had purchased a year or two ago.