Shocking CPI numbers for June. Plus a literal twist in the oil market which goes right along with them. --------------------------------------- If you want to see The Four Economic Regimes, and How to Position Your Portfolio for Each One, sign up here https://eurodollar-university.com/home-page ---------------------------------------- Eurodollar University&#x27;s Money &amp; Macro Analysis https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU I’ll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here: https://bravais.social/profile/edu

CPI SHOCKS the Markets as Interest Rates PLUNGE

Eurodollar University

[SPEAKER_A] Shocking results from the CPI today, the CPI for June. Well, shocking to some people, maybe the majority of people who are expecting something else, but big results from the CPI. In fact, what you're going to hear a lot of as we go through the numbers is since 2020, because there's a lot since 2020. And by the way, this is not all gasoline. In fact, the most important parts since 2020 are not gasoline. In addition to that, and actually similar to it. There is a twist, a major twist going on in the oil market and on the oil futures curve. So we've got a literal twist and an unexpected twist. Again, unexpected to some people. Plus the marketplace, they're going to say a little bit of told you here. Kevin Warsh is up on Capitol Hill talking about how they're not going to tolerate inflation. Unfortunately for him, they're not going to have to. We got a lot of details to get into with the CPI report today, what the markets are up to. So let's get started here. Remember what central bankers are after here, what they keep talking about, why we need to hike rates. And there's a good chance the Fed is still gonna hike rates, though with the CPI report, there's less of a chance they may do it more than once. They're gonna triche themselves. But remember what the Fed is actually talking about. They're not talking about oil prices directly. What they're saying is that oil prices are going to spill over, or they're afraid maybe there's a positive chance that oil prices spill over into other prices. So they're really looking at the core rate, or the core-core rate, or the super-core rate, or basically services prices.

CPI SHOCKS the Markets as Interest Rates PLUNGE

Read the full transcript

The candid version is on a podcast,
not the earnings call.

CPI SHOCKS the Markets as Interest Rates PLUNGE

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.