Rebel Capitalist News New Inflation Data Just Released (You Won't Believe This)
11 snips
Aug 29, 2025 This discussion dives into newly released inflation data and revised GDP figures, urging caution in interpreting these economic indicators. It sheds light on the significance of core PCE inflation metrics while providing insights into gold investment trends and strategies for wealth protection. The implications of bond market movements, particularly the 10-year treasury yield, are explored, challenging perceptions of stagflation, and highlighting the central bank's influence on gold prices and future economic reports.
AI Snips
Chapters
Transcript
Episode notes
PCE Shows Rising Core Inflation
- The core PCE rose to 2.9% while headline PCE stayed at 0.2 month-over-month, indicating a slight upward trend in underlying inflation.
- George Gammon warns the month-over-month trend is higher and worth watching for policy implications.
GDP Revision Creates A Head-Scratcher
- The BEA revised real GDP sharply higher from Q1 to Q2 while nominal GDP edged down, creating a puzzling divergence.
- Gammon flags this as unusual and deserving scrutiny because it impacts the economic narrative.
Deflator Drop Explains GDP Oddity
- The only way real GDP could rise sharply while nominal GDP falls is a big drop in the GDP price deflator.
- Gammon shows the deflator fell from 3.8% to 2.0%, which inflated the real GDP figure artificially.