11 - Inflation | Jobs & the Fed | Top-heavy Nasdaq & S&P500 | Pharma solution for many chronic diseases | Rite-Aid debt concerns
Health:Further
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The Three X Peak in Retail Sales
Since the pandemic, you see the stimulus checks and kind of the reopening. Everyone is sort of getting back to life again. My opinion is that drove a lot of the inflation. The supply chain was not ready. If people are listening, it goes up to almost 18. So it's like a three X peak. I don't think Red Book has ever seen that. This chart only goes back to 01, but I don't Think it's ever been that high. It's insane. Visually, it's obviously a mess. But now it has come down. For the first... It has crossed. Yeah.
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