
Where Inflation Lives

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Even the completely fake and diluted inflation numbers that the government invents each month were too hot for this absurdly-inflated market (which in a rational universe would have the S&P value at around 900 points or so) and the results are deliciously brutal. Everything with the audacity to have a ticker symbol is getting torched:

The latest everyone-has-to-stop-trading-until-the-event-happens is the CPI report on Wednesday morning, an hour before the opening bell. Anyone with a lick of sese knows these numbers are completely made up and are about 1/5th the actual rate of inflation, but everyone pretends they are real anyway. Here is the year-over-year CPI, with 3.4% being the predicted value (HA!!!!)
