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Anyone can choose to frame and phrase event-descriptions however they like. Are you trying to tell this rather educated crowd in here that the WSJ--- known to offer a clearly conservative penchant--- is unbiased? I can't fart loud enough in response.NPR the unbiased source? How about the WSJ (link).
"Inflation was tame in May, defying fears that the impact of President Trump’s tariffs would start to show a rise in prices.
Consumer prices rose 0.1% in May over the previous month, less than economists anticipated. Year-over-year inflation was 2.4%, in line with expectations and near a four-year low recorded in April. "
Steel used in cans is mostly imported—and subject to the Trump administration’s new 50% levy. Edited excerpts from the Wall Street Journal report:Key Points-
• New Trump administration tariffs on imported steel may cause canned goods to become more expensive for consumers.
• The Consumer Brands Association warns that 20,000 U.S. jobs in food could be at risk if the tariff on tin-plate drives consumers away from canned goods.
Free link to the Wall Street Journal report-Cans used for food require tin-coated, ultrathin sheet steel made from molten iron. Not much is produced in the U.S., where domestic producers have been scaling back production for years.
The Trump administration’s new 50% duty on imported steel could increase store prices for items in steel cans by 9% to 15%, according to the Consumer Brands Association, a trade group. Tariffs are likely to drive up prices for domestic-made steel, too, as U.S. producers raise their own prices.
Can manufacturers say they will continue to buy lots of imported tin-coated steel, known as tin-plate—because there isn’t enough of it made in the U.S. to supply them. “I would love nothing more than to allocate more purchases to the United States, but the overall production capacity is not there,” said Robert Gatz, general manager of Can Corp. of America, a Pennsylvania-based maker of food cans.
Tin-plate is made with steel derived from molten iron, but most steel in the U.S. is now made from melted scrap, and that doesn’t measure up to the can industry’s exacting quality standards. Cans are prized for enabling long shelf lives for vegetables, fruit and other ready-to-eat foods, able to keep for years without spoiling. But can manufacturers worry that higher can costs will discourage their use.
The Consumer Brands Association said as many as 20,000 U.S. jobs in food-can manufacturing could be at risk if the tariff on tin-plate causes consumers to shy away from higher-priced canned goods and food companies migrate to alternative packaging.
https://npr.org/2025/06/11/nx-s1-5429597/inflation-tariffs-cpi-economyConsumer prices in May were up 2.4% from a year ago, according to a report Wednesday from the Labor Department. That's a slightly larger annual increase than the month before.
But prices rose just 0.1% between April and May — down from 0.2% the month before. Falling gasoline prices helped to offset the rising cost of rent and groceries.
Trump's tariffs may have contributed to the rising price of some goods in May, such as appliances and toys. But overall goods prices held steady last month. Forecasters expect the cost of tariffs to become more evident in the months to come.
Yes, most TRP funds are NTF at Schwab.@Observant1 Don’t most TRP funds already trade NTF at Schwab?
Let's see, limited supply, and yet everybody now wants to retail it. Hmmm.
The rapid growth in retail investors, who put their money into private markets, could create liquidity and asset quality risks, Moody's Ratings warned on Tuesday, highlighting potential vulnerabilities within the private credit sector.
/snip
the shift is also raising concerns about transparency, liquidity, and underwriting standards, as firms race to deploy capital amid limited supply of high-quality assets.
Still holding mine. 15.41% of portfolio.Sold WCPNX in IRA and will use funds for upcoming 10-yr Treasury note auction.
Schwab has the option to waive TFs on D&C funds upon request. My account is also set up to waive TFs on Vanguard and Fido funds.@Sven
Schwab charges $10 for their auto investment program.
Like Fidelity, a TF is charged only for purchases and not for sales.
Vanguard Flagship clients were previously granted 25 free transactions per calendar year.
Transactions included buying and selling TF mutual funds.
I don't know if Vanguard still provides this benefit for its Flagship clients.
I've derailed this thread and will cease making further comments...
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