Post #7486 by rnam on the Berkshire Hathaway board

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- Manlobbi

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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Before the opening bell, the U.S. Bureau of Labor Statistics said headline PPI for April came in at +0.5% M/M, above the estimated figure of +0.3%.

"A primary reason for the beat in April PPI was a sharp increase in portfolio management and investment advice, up roughly 4%. This will add 0.06ppts to core PCE inflation in April.

https://seekingalpha.com/news/4105941-stock-market...

Not the type of inflation the denizens of this Board would experience.

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