Shelter Is Propping Up Inflation

Sometimes the title says it all. Shelter is actually propping up inflation and Chris, Saied and Haroon have the data to prove it. ➡️ Specifically, shelter accounts for approximately 33% of the total CPI and approximately 40% of core inflation. With this much weighting, you can't hit the Fed's 2% target without a decrease in shelter costs.💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review? 🏆 Sponsored By Transcend Company:TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. ✔️ Click the link and start today: http://www.transcendcompany.com/THSP👕 THS MERCH: http://www.thspod.com🔗 Resources:Inflation cools off in April (Yahoo! Finance via Instagram)Inflation has not fallen in a single month since January 2021, according to Zerohedge (Kobeissi Letter via X)U.S. Rental vacancy (Kobeissi Letter via X)Housing Market Data (Redfin)Total US household debt increased by $190 billion in Q1 2024 (Kobessi Letter via X)U.S. Household debt climbs to a record $17.69 trillion (Yahoo! Finance via X)US credit card delinquency rates jumped to 8.9% in Q1 2024 (Kobessi Letter via X)U.S. jobless claims jump to highest level in eight months (Yahoo! Finance)In New York City, rents grew more than seven times faster than wages last year (Unusual whales via X)Fed Governor Waller wants ‘several months’ of good inflation data before lowering rates (CNBC)⚠️ Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.