The story of Trumpflation is a twisted tale. King Donnie Chumpski has done nothing to lower prices for common Americans. In fact, goods inflation is at multi-year highs not seen since 2008 and 2011. Toss the campaign promise about lowering prices in the trash with the others. GTX and CRB charts are the same. Both tickers are made up of many commodities, including oil, and are a representation of goods inflation. Of course, when oil prices rise, you feel it at the gasoline pump and those higher fuel costs increase prices across the board.
Sleepy Joe Biden was a mess of a president but what can you expect from a man with early onset of dementia, with a touch of Alzheimer's on the side, that spent each day eating chocolate pudding and looking for his hat. Inflation was bumping higher as Trump was elected in November 2024 and the path of higher inflation continued into early 2025. A pullback occurs in goods inflation as prices ebb and flow with the seasons and other factors. Donnie Chump is quick to pounce on the good news and claims credit for lowering inflation in early 2025 after only a few months in office. That joy did not last long.
Protectionist Trumpski then imposed tariffs on other countries starting April 2025 friend or foe. It was a mechanism that guaranteed that the attention, and cameras, would be pointed at his orange face every day forward; a narcissist's dream. Of course, tariffs increase inflation as the orange dolt stupidly proclaims that tariffs will decrease inflation. He is not a very smart man, in fact, he is a low IQ individual that is driven by his lust for daily attention and adoration.
At the end of February, over 6 months ago, King Donnie starts the Iran War creating an unmitigated mess in the Middle East and potential march towards WW III. Oil prices catapult above $100 per barrel sending gasoline and other prices higher crushing the low-income family that already cannot pay the monthly bills. You can see in the chart that goods inflation retreated during late May and June, as oil price came back down with Donnie promising an end to his war, but that slight relief in higher prices has now gone up in a puff of smoke. Probably pot smoke these days.
Donnie Chump re-escalates the Iran War so oil and other prices (gasoline, diesel, fertilizer, etc...) are on the rise again. King Donnie is as equally incompetent as Sleepy Joe Biden. Inflation has no effect on you when you are rich; you always buy what you want to buy and price does not enter into the equation.
The 30 million Americans at the top, that raped the US financial system for all it is worth starting with former President Ronnie Ray-gun in the 1980's, are asking why is everyone so glum? These privileged elite and the upper middle class sycophants that service the wealthy, that live in the McMansions, control the nation and the other 300 million folks are the peons at the bottom of the food chain. The middle class is wiped out over the last six decades. Americans now view the American Dream as the American Joke.
The only people touting the American Dream are the wealthy class trying to motivate the peons and making them think they actually have a chance of upward mobility and wealth. That keeps the huddled masses happy as they clean the toilets, prepare the meals, and carry bags. The other folks touting the American Dream are the naive foreigners entering the country. I am here for my American Dream. Okay, pal, here's a broom, and there's a cot in the back room you can use for a couple days but you have to find your own place, and do not worry about the rats, they will not hurt you, now start sweeping the warehouse floor. There's your American Dream sonny, now get to work.
The middle class was gutted over the last six decades so the wealthy could have 10 homes, 32 cars, a $40,000 refrigerator, and send their kids to the best schools and colleges to perpetuate the class separation in the US, and on top of all that, complain daily about the taxes they pay (they control the rigged system and make lots of easy money).
The sending of middle-class jobs overseas was sold to the public by emphasizing the low low prices for goods (Walmart and cheap Chinese goods). Greedy Americans did not care about their neighbor losing their job and livelihood to slave labor overseas because they could buy cheap stuff at Walmart; until they lost their job. Then they looked around and no one was there to help them. The six decades of financial rape of the United States results in 30 million wealthy at the top and 300 million peons at the bottom that cannot afford to live.
The DBA chart is focused on agriculture. The closure of the Strait of Hormuz limits fertilizer supplies hurting farmers. Costs rise. The higher oil prices equate to higher diesel prices, and along with supply shortages due to many reasons, including the Ukraine War that Chump could not end in 24 hours as he promised, er lied about, during the campaign.
The higher diesel prices are slapping everyone and the beatings will continue until moral improves. The high inflation, or Trumpflation, will continue into the mid-term elections on 11/3/26. Trumpski is making Iran War decisions based on politics never a good idea. King Donnie got booted from office in the first term due to his bad decisions and mishandling of the COVID-19 pandemic.
Many common Americans cancel their vacations to Atlantic City and the East Coast this year because of the debilitating Trumpflation. The wealthy class at the top are glad since their travel plans become easier. Trumpflation further divides the country into the have's and have-not's. Keep this in mind going forward; 300 is a bigger number than 30. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
Note Added 6:23 PM EST: GTX tags 6K for 2 days in a row. They passed out "GTX 6K" hats but Keystone's hat smelled like horse sh*t. Diesel is the highest price since 2022. If you need diesel fuel, run out immediately and grab it. Darn fuel went up 10 cents per gallon just today. The tank for the skid-steer and tractors needs topped off.
