Live: Markets Tank on Blowout Inflation Report!

2 years ago
30

Any hopes of a stock market rally were dashed this morning when the BLS reported the highest Consumer Price Index reading in over 40 years at 8.6% year over year. Now all eyes are on the Federal Reserve as there is little hope of any dovish pivot from Jerome Powell and Co after this report.

Need help with dealing with the rising cost of energy and utilities? Check out the NEADA: https://neada.org/state-energy-assistance-directors-2/

Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinance
Join My Discord for More Discussion, Q&A, and News: https://discord.gg/njvf3DPPrF

Affiliate Links:

Use this link to get $10 in free Bitcoin with Swan: https://www.swanbitcoin.com/NobodySpecial/

The Ledger Nano X: My favorite Hardware Wallet for Cold Storage of Crypto Assets: https://shop.ledger.com/?r=23974ce6def9

Follow me on Twitter: https://twitter.com/JG_Nuke
Follow me on Gettr: https://gettr.com/user/nobody_special_
Follow me on Gab: https://gab.com/NobodySpecialFinance
Follow me on Reddit: https://www.reddit.com/user/JG-NUKE

#inflation #cpi #MelonHead #EndTheFed

Loading comments...