The "US media scare with recession" section continues.

#Bloomberg, which yesterday was looking for solid negativity in consumer inflation data, published an article following the release of today's macroeconomic data with the headline "The number of applications for unemployment benefits in the US has grown for the first time in three weeks".

There is no headline on the site about production inflation falling in y/y terms faster than forecasts. But there is a headline "US producer prices rose slightly after downward revision".

The media are systematically scaring the markets, ignoring positive signals from the economy (by no means secondary) 👌