🔴 Soaring CPI Shocks Clueless Investors and Economists – Ep 690

CPI numbers shock expectations. Biggest monthly gain in #CPI since 1981. Gasoline supply chain disrupted by ransomware hack. Price gouging alleviates shortages. Unemployed workers shouldn’t be picky. Disincentivizing people from jobs is not good for the economy. #Dogecoin traders buy…

🔴 Soaring CPI Shocks Clueless Investors and Economists - Ep 690

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CPI numbers shock expectations.
Biggest monthly gain in #CPI since 1981.
Gasoline supply chain disrupted by ransomware hack.
Price gouging alleviates shortages.
Unemployed workers shouldn’t be picky.
Disincentivizing people from jobs is not good for the economy.
#Dogecoin traders buy the rumor and sell the fact on Elon Musk SNL appearance.
Accolades have gone to Cathie Woods’ head.
#ARKK will likely make a new 52 week low this year.
CNBC continues to ignore emerging markets, value stocks, and gold.
The people saying sub-prime was contained in 2008 are the same people saying inflation is transitory now.

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