Inflation is blowing up the bullish thesis

Happy Valentine's Day! First, I take a victory lap for another successful Super Bowl prediction… sort of: I told you not to listen to me, and I was right! I highlight why this was one of the best Super Bowls in recent memory—despite the fact that my beloved Eagles should have won… and the NFL is a bunch of a**holes who should be ashamed of themselves. Turning to the markets… The latest Consumer Price Index (CPI) data came out this morning. I break down why the numbers cripple the bullish thesis… and how consumer habits are about to change. More bad news for the bulls: Earnings estimates keep coming down… and I expect several quarters of lower earnings. I explain why this—combined with several other risk factors—is creating a recipe for disaster. Bottom line: This market should scare the hell out of you. Fortunately, there's a simple move you can make today to protect yourself… In this episode The NFL is a bunch of a**holes [0:30] How this morning's CPI data hurts the bullish thesis [9:45] The "earnings recession" is just beginning [13:50] Why this market should scare the hell out of you [21:15] The best strategy for today's market [30:40] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox each week: www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --iTunes: itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --Stitcher: www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --Website: www.curzioresearch.com/category/podcast/wall-street-unplugged/ Twitter: twitter.com/frankcurzio Facebook: www.facebook.com/CurzioResearch/ Linkedin: www.linkedin.com/in/frank-curzio-690561a7/ Website: www.curzioresearch.com