

Soaring CPI Shocks Clueless Investors and Economists – Ep 690
May 12, 2021
54:34
* CPI numbers shock expectations.
* Biggest monthly gain in CPI since 1981.
* Gasoline supply chain disrupted by ransomware hack.
* Price gouging alleviates shortages.
* Unemployed workers shouldn’t be picky.
* Disincentivizing people from jobs is not good for the economy.
* Dogecoiners buy the rumor and sell the fact on Elon Musk SNL appearance.
* Accolades have gone to Cathie Woods’ head.
* ARKK will likely make a new 52 week low this year.
* CNBC continues to ignore emerging markets, value stocks, and gold.
* ]The people saying sub-prime was contained in 2008 are the same people saying inflation is transitory now.
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