The Economic Lights Are Blinking Red

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The consumer price index came out again and it's said it showed that prices rose 3.2% in July from a year ago. So junior recall was down to 3%, which is still 50% higher than the Fed seeks, right? The Fed wants a 2% rate of increase year on year. Last month year on year, it came in at 3%. That is 50% that is a full 50% higher. On a monthly basis, prices ticked up between June and July. Economists say that rebounding airline hotel and energy prices are not likely to erode long-term progress.

Florida Governor Ron DeSantis suspends a George Soros-backed prosecutor for failing to prosecute crime; Disney gets cold-cocked by the market; and Bidenomics is the New Coke of economics programs.

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Ep.1785

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