> ## Content Index > Fetch the complete content index at: https://whales-investing.ghost.io/llms.txt > Use this file to discover other available public pages before exploring further. # 🐋 WARNING: Producer Prices Hit 4.9% — Nobody's Watching This One - URL: https://whales-investing.ghost.io/warning-producer-prices-hit-49-nobodys/ - Published: 2026-08-11T10:44:17.000Z - Updated: 2026-08-27T10:01:57.000Z - Description: Consumer prices say 3.4%. The gap hits your wallet in 3 months. - Author: Whales Investing - Tags: Newsletter, #Migrated-1787824651448, #Import 2026-08-27 10:01 ###### Desmond Hawk | August 10, 2026 --- Friday’s jobs report did more than surprise; it repriced the whole autumn. Odds of a September rate hike fell from 55 percent to 42, Treasury yields dropped, and equities ran to their best week since April. The logic is sound enough — a central bank doesn’t usually tighten into falling employment. But notice what’s happened: the market has already collected the reward for good news that hasn’t been confirmed yet. Tomorrow’s inflation reading is where that gets checked, and this week has two more tests behind it. ## One. Relief arrived before the evidence The rally rests on a single assumption — that price pressure is fading fast enough to let the Fed sit still. Economists expect consumer prices up about 3.4 percent over the year, a touch below the last reading, with the core measure easing to roughly 2.5\. If it lands there, the hold case firms up. If the monthly core figure prints 0.3 percent or higher, the hawks who wanted a hike get their argument back in a single morning. ![](https://storage.ghost.io/c/75/59/7559d400-2a6f-46d2-ac27-e1ef5889487c/content/images/2026/08/6366f16b-a044-4c78-8760-27e4709d0017_3200x1808.png) Rates are only half of what’s moving, though. The other half is quieter and lands on the same balance sheet: the rules governing retirement money are being actively rewritten. Washington spent the past year opening 401(k) plans to asset classes they were never designed to hold, with the Labor Department and the SEC still working through the details. Tax treatment shifts alongside it. None of that arrives as a headline on a Tuesday morning — it shows up years later, in what you actually keep after the bill. Which is why the first item on my desk this week deals with exactly that question. --- **SPONSORED** Hello, Most Americans don't realize they're losing money to taxes until it's too late. [![](https://storage.ghost.io/c/75/59/7559d400-2a6f-46d2-ac27-e1ef5889487c/content/images/2026/08/b592ed0c-e337-4cc9-b574-5d786a5d4e55_1274x714-jpeg.jpg)](https://blog.whalesinvesting.net/69fe09d16ab8b07391011256?email=not%5Ftracked&domain=38WIS&type=BLOG&product=FDGS603%5FIM&ref=whales-investing.ghost.io) Not because they cheated. Not because they were reckless. But because the rules changed — quietly. [**With tax laws shifting in 2026**](https://blog.whalesinvesting.net/69fe09d16ab8b07391011256?email=not%5Ftracked&domain=38WIS&type=BLOG&product=FDGS603&ref=whales-investing.ghost.io) and Washington rewriting retirement policy, doing nothing could mean paying more than you expected later. There *is* a simple retirement move many people overlook — one that may help reduce future taxes and prevent unpleasant surprises. This free guide explains what's changing and how prepared savers are adjusting **before** tax season hits. [Get The Free Guide Now](https://blog.whalesinvesting.net/69fe09d16ab8b07391011256?ref=whales-investing.ghost.io) --- Back to the calendar — because the second pressure point this week sits further up the chain. ## Two. The pressure is upstream Here’s the part the rally is glossing over. While consumer prices are expected to look manageable tomorrow, producer prices — what companies themselves pay — are forecast to be running near 4.9 percent when they land Thursday. That gap matters, because producer costs typically reach consumers three to six months later. Either margins absorb it or shoppers eventually do. And the pressure isn’t easing: crude drifted back toward $80 after the weekend passed without progress on Iran, undoing part of last week’s slide. ![](https://storage.ghost.io/c/75/59/7559d400-2a6f-46d2-ac27-e1ef5889487c/content/images/2026/08/e8ad9581-b3f6-4fc6-b1c3-ef6ad88b1235_3200x1848.png) Hold that thought long enough and it stops being about one month’s data. A currency loses purchasing power in exactly this way — not in a crash anyone can point to, but through a gap between what producers pay and what consumers are charged, repeated quarter after quarter while the official readings still look tolerable. Meanwhile the machinery underneath the dollar keeps being adjusted by executive action rather than open debate: mineral supply chains, payment rails, reserve policy. Most of it never reaches a hearing room. Porter Stansberry has put his own reading of where that leads on camera. --- **SPONSORED** [![](https://storage.ghost.io/c/75/59/7559d400-2a6f-46d2-ac27-e1ef5889487c/content/images/2026/08/ad0b4217-5fa1-4ee4-9e7e-e2959740f957_1920x1080-jpeg.jpg)](https://blog.whalesinvesting.net/6a183375410969846edf7ed2?email=not%5Ftracked&domain=38WIS&type=BLOG&product=PCTN612%5FIM&ref=whales-investing.ghost.io) In our analysis, recent policy developments could point to a significant shift affecting your savings. This presentation discusses what Porter Stansberry believes could become the implementation of [**Executive Order 14241.**](https://blog.whalesinvesting.net/6a183375410969846edf7ed2?email=not%5Ftracked&domain=38WIS&type=BLOG&product=PCTN612&ref=whales-investing.ghost.io) There were no public debates, no congressional hearings, and zero warning. In our view, these policy developments could reshape the dollar system Americans rely on. Porter Stansberry breaks down his analysis on camera, point by point. [**Click here to see what Trump's private memo means for your money**](https://blog.whalesinvesting.net/6a183375410969846edf7ed2?email=not%5Ftracked&domain=38WIS&type=BLOG&product=PCTN612&ref=whales-investing.ghost.io) [Watch the Presentation Here](https://blog.whalesinvesting.net/6a183375410969846edf7ed2?ref=whales-investing.ghost.io) ###### *“Trump’s New Dollar” is the publisher’s own descriptive labels; they are not official U.S. government programs, and this message is not affiliated with, endorsed by, or authorized by any government agency, official, or named individual.* --- Thursday’s producer figures will give the other half of that answer. Before then, the week’s third test arrives this afternoon. ## Three. The part nobody celebrates Underneath the macro calendar, the question that dominated July returns today: does the AI spending pay? CoreWeave reports this afternoon, Cisco follows tomorrow, Applied Materials on Thursday. The standard has been consistent all summer — beat on revenue but let capital spending run away, and the stock gets sold anyway. That’s the test SpaceX faced last week, and it hasn’t loosened. ![](https://storage.ghost.io/c/75/59/7559d400-2a6f-46d2-ac27-e1ef5889487c/content/images/2026/08/89dcc8e1-3a18-48fb-9ef9-0f98bec293ac_3200x1968.png) But notice which companies you’re allowed to judge. Every name on that list is already public, which means the steepest part of their growth went to someone else first. That’s the structural shift of this decade: businesses stay private far longer, and by the time a listing arrives, the early curve is behind them. SpaceX was the rare exception that let ordinary investors in at all — and even then, only after two decades. Meanwhile the connectivity layer keeps widening beneath everything: T-Mobile has switched on Starlink service for standard iPhones, pulling users online who never had a signal, and each of them generates activity somebody downstream collects. Reaching that layer before a listing is a different kind of access, and one such offering is open now. --- **SPONSORED** SpaceX's IPO made history. The stock hit $165 in a week. But the most important part of this story may not be the rockets. It's Starlink. T-Mobile just enabled Starlink satellite connectivity on every iPhone and billions of phones are coming online for the first time. Starlink sells them the connection. That's where its job ends. But every hour those people spend on their phones generates ad revenue - and someone has to collect it. I found the company doing it. 490 million users. A billion dollars earned and saved. 32,481% revenue growth - enough to make it the #1 software company according to Deloitte's fastest growing companies list in 2023\. $11.8 million in EBITDA in 2025\. And it hasn't gone public yet. Series A open at $0.52/share. ![](https://storage.ghost.io/c/75/59/7559d400-2a6f-46d2-ac27-e1ef5889487c/content/images/2026/08/3c3ce12a-d7b8-4972-b6c3-1b7f645e87ee_3000x1000.png) But on August 14, the opportunity to invest at this price closes — and it's gone after that. Every previous round sold out. I don't expect this one to last either. [View The Full Offering before Aug 14 →](https://blog.whalesinvesting.net/6a7324ca3afc969386042699?ref=whales-investing.ghost.io) ###### *Please read the* [*offering circular*](https://www.sec.gov/Archives/edgar/data/1748441/000149315226012098/form253g2.htm?ref=whales-investing.ghost.io) *and related risks at* [*invest.modemobile.com.*](https://blog.whalesinvesting.net/6a7324ca3afc969386042699?email=not%5Ftracked&domain=38WIS&type=BLOG&product=MMON501&ref=whales-investing.ghost.io) *This is a paid advertisement for Mode Mobile's Regulation A+ Offering.* *Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.* *The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.* *Pro forma revenue and EBITDA, includes full year numbers of the businesses acquired throughout 2025.* --- > *A market that prices the good outcome before the data arrives isn’t confident — it’s exposed. The reward has been collected; the confirmation is still due tomorrow morning.* ![](https://storage.ghost.io/c/75/59/7559d400-2a6f-46d2-ac27-e1ef5889487c/content/images/2026/08/59b9ca5a-1126-469e-a795-b855b0632ee7_1024x559.png) **The Setup.** Where things stand this morning: September hike odds sit near 42 percent, down from 55 before Friday's jobs report, which showed payrolls falling by 23,000 against forecasts of an 83,000 gain, with the prior two months revised down by about 103,000\. The two-year Treasury yield eased to roughly 4.2 percent and equities closed their strongest week since April. Consumer prices are expected near 3.4 percent tomorrow, core around 2.5; producer prices are forecast near 4.9 on Thursday. Crude has drifted back toward $80 as Middle East talks stall. Retail sales close the week on Friday. ## The Bottom Line Last week’s relief was real but premature. Weak hiring genuinely lowered the odds of a September hike, and the market took its winnings immediately — records set, yields down, best week in months. Tomorrow the assumption underneath gets tested, and Thursday’s producer figures test it again from the other end. A core reading of 0.3 percent or more revives the hawks; anything softer lets the hold case settle. Either way, the position of maximum risk is the one that assumes the answer is already known. Protect first. Position for the regime you’re actually in, and wait for the number before deciding the argument is settled — because the market has a habit of celebrating early. Because the capital you keep is the only capital that compounds. — Hawk [Subscribe](#/portal/signup)