The video explains that recent inflation data (CPI at 3.8% and PPI at nearly 1% monthly) represents a genuine inflation shock driven primarily by gasoline and natural gas prices, which is not an isolated event but part of a broader, persistent inflationary trend similar to the 1970s economic patterns.
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CPI Shock: Inflation Surge & 1970s Echoes!Ajouté :
First of all, CPI. The main headline, of course. Last week, CPI headlines all over the show. Not only CPI, but PPI as well. 3.8% and almost 1% in a month in a month. 1% in a month. That's almost half a year's work done in in, you know, 4 weeks. Core inflation was sticky. Gasoline and NG, of course, were the primary drivers.
>> [music] >> And it's a genuine inflation shock. I don't think it's actually isolated. I don't think it's just because we've got a gas and oil situation in the Middle East. I think there's a general inflation situation, which is not going away. In In fact, it's been bubbling up, very similar to the 1970s. Click the join button now to become part of the Arcas FX trading community. Together, we'll help you navigate the most exciting and profitable markets in the world.
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