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Live from Houston

The Compound and Friends

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Inflation Is Coming Down, but It's Not Budging

The Fed is looking at data that's lagging significantly behind what the rest of us know. Outside of wages, which is a huge component, inflation seems to be rolling over lumber around tripped,. rents are coming down, obviously home prices, gas around tripped. But I think what will be complicated is China reopening. That's inflationary. You can't print oil. You can’t print 3.5 million people into the workforce.

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