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His audiences know him as THE ”Inflation Guy.” In the inflation markets he is known as a pioneer. He is considered as the Expert to the experts in the world of inflation markets where true expertise is hard to find. In this podcast the Inflation Guy talks about the hidden tax, the insidious assault on your wealth, and how to defend your money. Have a question? Email InflationGuy@enduringinvestments.com
Episodes
Tuesday Mar 14, 2023
Ep. 57: This Month’s CPI - Not What the Fed Needed!
Tuesday Mar 14, 2023
Tuesday Mar 14, 2023
On Friday, the Inflation Guy thought no one would care about this month's CPI given the bank failures starting with Silicon Valley Bank. But actually, this number turns out to be quite important - the Fed needed a soft report, so that there would be no conflict between the rate trajectory needed to calm markets and support banks (lower) and that needed to quell inflation and inflation fears (higher). Whoops. Median CPI is still rising, putting the Federal Reserve...really, for the first time since the tightening began...in something of a box. Also, has anyone noticed that nearly 500bps of tightening hasn't slowed inflation? Maybe rate hikes are the wrong focus? Nah.
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