Breaking:

Blackrocks’s Larry Fink: If inflation was measured like it was in the 1980’s with a heavier emphasis on food inflation, housing and interest rates inflation would be 12%.

If you front-ran The Fed and bought US Dollars ahead of the recent Inflation 'news', #WellDone

$IBIT consolidating > the rising 50-sma. 42 a potential big breakout level.

Six months ago Economist Paul Krugman said, “The war on inflation is over. We won, at very little cost”.

We commented: You excluded everything people needed to live. Come on, Paul.

CPI has once again surprised to the upside.

🚨Is the FED’s next move a HIKE?

Here's what top leaders said in the last few days:

- Jamie Dimon, CEO of JPMorgan: “We are prepared for a very broad range of interest rates, from 2% to 8% or even more”

- Larry Summers, Former Treasury Secretary: “You have to take seriously…

Shocking stat of the day:

Inflation has not fallen in a single month since January 2021, according to Zerohedge.

This means that overall prices are up a whopping 19% in less than 4 years.

We have not had a year-over-year inflation print below 3% in 36 consecutive months.…

Despite a massive $5B federal initiative to build 500,000 #EV charging stations, only four states have actually installed them ↓

usnews.com/news/best-stat…

'Seven in 10 said they would not buy an EV because it takes too long to charge and the battery technology isn’t ready.'

US 10-year Treasuries are having their worst day since May 2023, with yields surging after the one-two punch of a hot CPI and a bad auction. Peter Boockvar: '10 yr auction was bad...Dealers were left with 24% of the auction, which is the most since Nov. 2022.'

Fascinating newsletter from Lance Roberts postulating that current #inflation concerns are overstated and that the biggest threat to the economy is actually disinflation ↓

loom.ly/0nP3pgY