By consistently ranking certain content higher, algorithms can amplify some messages while reducing the visibility of others.

In our industry, we are hyper-focused on rates. Our level of happiness for the day can be dictated by a drop or swift rise.

With that said, the Producer Price Index (PPI) report, which measures wholesale, i.e., producer inflation, rose by 0.6% in February. This figure is double the market estimates.

We anticipated the year-over-year numbers to increase from 1.0% to 1.1%, but they rose to 1.6%. While it remains a relatively low figure, it is nonetheless concerning.

Stay steady my friend, there is a light at the end of the tunnel. FEDs may pause a bit longer but yes they will eventually start lowering their rate.