CPI Hits 3-Year High as U.S.-Iran War Looms Over Energy Trade

Inflation hit the highest level in three years according to CPI, though the numbers still fell in-line with Wall Street estimates. Kevin Hincks points out that the report was "dominated" by energy and believes investors have largely priced CPI expectations with the U.S.-Iran War serving as a lasting overhang. On crude oil, Kevin tells investors to brace for disruptions in energy should the conflict continue much longer. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about