Narrative violation: inflation fell again. That's right, the latest CPI report came in surprisingly low, across several different line items — goods, energy, rents, and so on. Of course, you wouldn't believe this if you've listened to politicians and the media for the last year. That's why in this episode I explain why investors, more than ever, need to be in sync with the actual data, not just public sentiment or headlines.
0:00 Intro
0:40 Latest inflation numbers come in freezing cold
4:49 Coinbase will allow stock trading now
9:36 1.4 million veterans get $1776 stimmy check from the government
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Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at:
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