Transitioning From A Seller’s Market To A Buyer’s Market By Stefan Koopman, Senior Macro Strategist at Rabobank Buyer’s Market US producer price inflation was soft in July. Both headline (0.1% m/m and 2.2% y/y) and core (0.0% m/m and 2.4% y/y) PPI inflation came in below expectations. Goods prices rose by 0.6% m/m, while services fell by 0.2% m/m, suggesting that a fall in retail markups drove down this otherwise hotter report. This indicates that retail firms are losing pricing power and are discounting more heavily, as reflected in various company earnings reports. The components of the PPI that feed… — Continue at ZeroHedge News : Read More