9-3-25 America's Truckin' Network
Kevin covers the following stories: U.S. Bureau of Economic Analysis released Personal Income and Disposable Personal Income numbers; last Friday, the U.S. Commerce Department released the Personal Consumption Expenditures Price Index, the Federal Reserve's preferred measure of inflation; Kevin points out from where the minor increase in inflation is coming, hint, it's not coming from where they have led us to believe!; Ford announces yet another recall; Kevin has the details, digs into the numbers, puts the information into historical perspective, offers his insights and opinions. Oil and gas prices react to anticipation that OPEC+, at the upcoming Sunday meeting, will not unwind remaining voluntary cuts, Saudi Aramco halting crude sales to India, Ukraine's attacks on Russia's oil-processing capacity and the recent meeting between Russia's Putin and China's Xi, the "Shanghai Cooperation Organisation."
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