ISMS 19: 5% March 2023 CPI Could Fall to 4% By Year-End; If Oil Doesn’t Fly

Remember that CPI is not inflationMar 2023 US CPI was 5%, down from 6% in Feb and off its June 2022 peak of 9.1%Mar 2023, the food component was up 8.5% but has come off its Aug 2022 11.4% peakMar 2023, the energy component was down 6.4, a massive fall from its 41.6% June 2022 peakIn Mar 2023, all other items were flat MoM at 5.6%, down from Mar 2022 6.5% highWithout a surge in oil US, we forecast CPI could end 2023 at 4%Two things that could derail YE23 4% …An oil price surge would push end-2023 slightly higher than 4%, but only slightly because it takes a few months for an oil price rise to impact CPIA US recession could quickly bring CPI below 4% Click here to get the PDF with all charts and graphs Andrew’s booksHow to Start Building Your Wealth Investing in the Stock MarketMy Worst Investment Ever9 Valuation Mistakes and How to Avoid ThemTransform Your Business with Dr.Deming’s 14 PointsAndrew’s online programsValuation Master ClassThe Become a Better Investor CommunityHow to Start Building Your Wealth Investing in the Stock MarketFinance Made Ridiculously SimpleFVMR Investing: Quantamental Investing Across the WorldBecome a Great Presenter and Increase Your InfluenceTransform Your Business with Dr. Deming’s 14 PointsAchieve Your GoalsConnect with Andrew Stotz:astotz.comLinkedInFacebookInstagramTwitterYouTubeMy Worst Investment Ever Podcast