2550: A Posh Bank

We are seeing, I believe, the start…. of the end…. of the bear market.Bear = 20% below highsBull = 20% above lowsInflation figures this week….Inflation / CPI year on year to JuneActual = 7.9%Forecast = 8.2%Previous = 8.7%Even Core CPI (YoY) (Jun) which BoE pay attention to is below forecasts...Actual = 6.9%Forecast = 7.1%Previous = 7.1%The Producer Price Index (PPI) Input (YoY) (Jun) Actual =  -2.7%Forecast =  -1.6%Previous = 0.4%If input costs fall, some of the decline will be enjoyed as wider profit  margins by the producer and some will be passed on to the consumer in  the form of lower prices.This eventually feeds into CPII think the bottom is behind us.