Want to create an interactive transcript for this episode?
Podcast: The Dividend Cafe
Episode: The DC Today - Monday, August 14, 2023
Description: Today's Post -
Economic Front
Producer Prices were up +0.8% year-over-year in July (yes, less than 1%). Prices for intermediate processed goods are down -7.8% versus a year ago.
The University of Michigan Consumer Confidence Index came in at 71.2 on the month, down a whisker from last month’s 71.6 but up a good deal from the June print of 64.4
I did get a fair amount of inquiry about the news that total U.S. Credit card debt had exceeded $1 trillion last week. That the total number goes up and down year by year is...