Focus on the positive
Even though CPI was higher than the estimate, it is actually down from July which was 8.5%. And CPI was 9.1% in June. Even if it didnt go as low as the estimate, it is still dropping. It should go even lower next month. The average gain from peak inflation over the next 12 months is 13.2% based on historical averages. We will get there, assuming inflation has peaked which I think it did. Follow me for more insight into the economics and history of the market. Get the whole loaf! ![]()
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YouTuber, Teacher & former Financial Advisor. Helping retail investors reach financial freedom! Get the whole loaf!
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Revelation 6 : I think we will continue to see the CPI and inflation magically performing a downward trend before our very eyes as midterms get closer and closer. As Master Dysfunctionalist, Joe Biden, and his assistants pump sunshine up your assets in an attempt sway your votes in a never before seen dog and pony show, no expense spared, taxpayer event. Are things really getting better for you? No, and we are yet to face the no increase in taxes that Joe the blow said he wouldn’t increase. Europe believed Joe, its going to be a long winter. The Ukraine believed Joe, they’re burying their decision, daily. I don’t believe Joe and I think things are going to get worse, but that’s just me.