CPI Hot, SpaceX $1.7T IPO & the K-Shape Economy

The Fed's new chair wants to strip "outlier" prices from the CPI calculation — right when prices are the highest they've been in years. 4.2% inflation is additive: it stacks on last year's, and Jerremy Alexander Newsome and Dave Conley say rewriting the formula isn't the same as fixing it. Gold and silver just printed a weekly double top after running from $1,700 to near $5,000 an ounce — Jerremy called the reversal in April. The SpaceX IPO at $1.7 trillion — the largest in human history — already pulled 8% out of the QQQ as institutional funds liquidate positions to buy in. In a K-shape economy, the sleeper play isn't chips: it's TJ Maxx, Dollar General, and Five Below.Timestamps:(00:00) Fed's redefining inflation math — not fixing the actual prices(03:20) "Transitory" is back — Dave explains why it's still a lie(05:07) Gold and silver double top Jerremy flagged back in April(06:18) Energy ETF compressed since March — big directional move loading(07:19) SpaceX IPO pulling 8% out of QQQ as funds liquidate(08:52) $1.7 trillion — the largest IPO in human history, visualized(10:59) Lock-up vesting and brain drain — Dave's AOL experience applied to SpaceX(13:09) Sam Altman's sovereign wealth pitch on Capitol Hill for AI stocks(14:45) K-shape economy plays — why TJ Maxx and Five Below are scorching🌍 Connect with us: Instagram | YouTube | X