Unusual Whales cover image

Pod 25. July FOMC, Rate hikes, and What is happening with markets at all time highs

Unusual Whales

00:00

The Decline of the Fed's CPI

Cleveland Fed has this really neat metric what they did for years they were following the owners equivalent rent and they had their metric on there. That metric just went negative for the first time since it was recovering in 2010 now whatever I see any metric that is as low as it are high as it was you know in the great financial crisis I'm going to pay attention. The fact that that went negative really tells me that here's another sign of of I believe deflation coming andYeah it'd be great for a lot of people but it won't be great for the Fed and the Fed will fight it with everything they got if they're even a CPI it doesn't matter I don't care

Play episode from 41:29
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app