Here is what’s coming (just in case any of you believe that inflation is actually 3%, instead of 50%, which is closer to the truth). The forecast number is in the leftmost column above each chart.

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Here is what’s coming (just in case any of you believe that inflation is actually 3%, instead of 50%, which is closer to the truth). The forecast number is in the leftmost column above each chart.

If you wondering what’s going to be a bigger deal – – the introduction of the iPhone 732 by Apple on Tuesday morning or the CPI number on Wednesday morning, I’ve got a hint for you:

If there is ANY thing that has the opportunity to absolutely send this market reeling, it’s this figure, which is taking place precisely eleven months after the horrible Rolo Low.
The latest comically-watered-down inflation numbers came out, and in a rare instance of letting a tiny bit of truth slip out, the government stated that the producer price index was a full 50% higher than forecast. As I’ve mentioned endlessly, the inflation rate isn’t 3% a year. It’s 3% per MONTH. But somehow people just don’t want to admit it.
