Hotter Inflation Chills Stock Market- Ep 874

Published: Feb. 26, 2023, 6:42 p.m.

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\\xb7 The inflation genie is impossible to put back in the bottle.

\\xb7 CPI and PPI are lagging for a number of reasons.

\\xb7 Beaten down stocks of 2022 enjoyed a short-lived dead cat bounce in 2023.

\\xb7 Consumer spending in January surged after a record decline in tax revenue.

\\xb7 The PCE is the most inaccurate way to measure inflation and it\\u2019s no coincidence that it\\u2019s also the Fed\\u2019s favorite way.

\\xb7 The progress the Fed claimed to have made against inflation is already lost.

\\xb7 The inverted yield curve is now even more inverted.


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