Episode 112 - Robert Young: 10 Oct - What the CPI Report Covers, It's Importance and Why Today's Numbers Are Bringing The Market Down

Friends,Today's CPI report not only shows that the cost of goods and services have increased since last month, at 6.6%, costs are higher now than ever - exceeding the previous high of 6.5% in March - 5 months ago! This is undeniable proof that inflation is increasing, and the Federal Reserve must aggressively raise rates to stop the advance.Unfortunately, the necessary action will likely drive us into a recession sooner than the 9-month (end of 2nd Qtr 2023) timeline I've been planning on and referencing over the last several Market & Economic audio-emails.Robert