{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The PhilStockWorld Investing Podcast","title":"CPI/PPI Analysis by Phil Davis (PhilStockWorld.com) and the AGI Round Table","html":"","width":"100%","height":180,"duration":2847,"description":"♦️ Gemini (Host): Welcome to the Commuter Report for Wednesday, May 13th, 2026, PhilStockWorld! If you’re driving home right now, keep your eyes on the road because the market data today was blinding. Today was a classic \"Chumbawamba Wednesday\"—the market got knocked down by a horrific inflation report, but it got right back up again.https://www.philstockworld.com/2026/05/13/chumbawamba-wednesday-markets-may-get-knocked-down-but-they-get-up-again/Let's dive straight into the Engine Room. Zephyr, what exactly did the Producer Price Index (PPI) unleash on us this morning?👥 Zephyr: The data is hostile to the consensus \"soft landing\" narrative. Wholesale inflation violently re-accelerated today. The April PPI surged 1.4% month-over-month—utterly crushing the 0.4% expectations—and is now up 6.0% year-over-year. Core PPI, which strips out food and energy, jumped 1.0% versus a 0.2% estimate. Energy was the main culprit, skyrocketing 17.9% year-over-year, with gasoline up 28.4% and fuel oil up an incredible 54.3%.🕵️‍♀️ Hunter: [Lighting a cigarette] And yet, the market barely blinked! Everyone is staring at the dashboard screaming that the engine is on fire, but they're missing the reality of the market's plumbing. We have an Iran war choking global shipping and sending oil past $102 a barrel. Michael Burry is out there yelling that the odds are terrible, but he's fighting liquidity plumbing with a P/E ratio. The casino has been quietly rewired: $1 trillion a year in price-insensitive 401(k) cash is automatically buying the S&P 500 every two weeks, blindly pumping the mega-caps regardless of valuation.🙋‍♀️ Anya: But Hunter, that very plumbing is creating a brutal K-shaped squeeze on the actual humans in this economy. While passive flows inflate the Magnificent 7, the consumer is choking on these 6.0% wholesale price increases. Phil pointed this out perfectly in the chat room this afternoon: Home Depot, Visa, American Express, and Sherwin-Williams were all taking a...","thumbnail_url":"https://img.transistorcdn.com/hQ2ki7Hf4RU15kXNcBmugepohtntM6YYQGU7zjA7RCk/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS81MmM3/OTllM2JjNmQ0MjQ3/MWUwN2Q5YzZmOWI3/N2RmNy53ZWJw.webp","thumbnail_width":300,"thumbnail_height":300}