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Hey, everyone, welcome back! Okay why we have just added a new member option of which many of you have been asking for on this channel where you can actually join the course member live streams directly through YouTube for a small monthly fee. just look for the join button on YouTube uh, that's uh, right here below. Of course you get lifetime access with the courses, so it's a little bit different. but if you want to just pay a smaller monthly fee solely for the course member live streams, we do fundamental analysis.
q A Whatever else, there's a join button you can't see it on Apple devices like iPads or iPhones You have to do it from desktop. But once you join, you can chat in these live streams the public ones and then of course free chat in the Uh within those course member live streams. Okay, so with that announcement out of the way, let's talk CPI because today is a big CPI day. Uh first.
I Do want to mention that? Kind of like what we saw last time, we're seeing a little bit of a spike in the market right before uh CPI again. which is kind of funny to see that the NASDAQ is sort of rotating from basically flat to about up 44 basis points conveniently right before the release of this report. Uh, we're not entirely sure why this is now the second time in a row that we're sort of seeing this sort of pre-spiking but last time we saw this pre-spiking and then we actually got a good news inflation report. Now this time we also expect a good news inflation report I Want you to write these X these numbers down.
Actually, you know what? I will put them up on screen for you so you ready for this CPI month over month expected to be negative 0.1 uh, year over year 6.5 and uh CPI month over month Core at point three is the expectation. So there we go that is up on screen. We are about one minute away from the release. JPMorgan estimates that we have about an 85 chance of being green which remember what I said.
It makes me nervous. That makes me very very nervous because when everybody is optimistic like it's a lot easier for the opposite to happen right? like some bad news. So personally, I mean I would I would love to see a negative point one I I don't know I don't know we'll see I mean uh Energy Prices have come down, but I think the big one that we're really going to be paying attention to or the biggest pieces we're going to pay attention to are that the core bits into Services uh I Don't know how much these headline numbers are going to matter as long as they come in that expectations. but if we see Airline uh Services continue to Skyrocket like American Airlines beating this morning, it's gonna be a problem that American Airlines beat this morning made me a little nervous anyway.
Uh okay, uh. here we go. All right within seconds now. and CPI month over month is negative 0.1 Oh my.
God it all matches. It all. matches right in expectations. Holy crap it all met expectations.
This is a complete shocker. Negative: Uh, point One: This is really, really good. Uh, core Month over month. Point three ad expectations. Uh, it's how do people know This is amazing. Uh, CPI Year over year Six point Five percent CPI Core: You: year over year Five point Seven percent. Uh, this is, uh, this is actually really good. Uh, because these expectations were really good and we nailed them.
Now we didn't come in at like some kind of, uh, you know, uh, a crazy number where all of a sudden, uh, you know it's only like six percent inflation or whatever. But but still. where we went from 7.1 here to 6.5 this is great. This really does, uh, reiterate uh, that, uh, that Cooling in uh, in inflation that we've been looking for uh, in my opinion, this is this is phenomenal news.
Uh, this is great. So let's go ahead and pull up the uh, actual CPI report here. Uh, in just a moment. let's see here.
Uh yeah, it looks like future sliding a tiny little bit. Some saying: they were really hoping for a little bit more of a decline here based on what, uh, some folks here on Wall Street are saying that's actually really interesting. So I don't even have to change what's on screen. So there it is.
Uh, we got that. That's incredible though. It's incredible. We got that decline of 0.1 percent.
That's it's just so wonderful to see that. Uh, finally starting to see some of that disinflationary pressure, right? Really, really good. Uh, then we've got uh, there's that 6.5 year over year before the seasonal adjustment? Great. Gasoline was by far the largest contributor now.
probably. uh, not something the market really wanted to hear right? The market probably didn't want to hear that everything just got weighted down by by gas, but we could see, uh, that from core. So let's see here: Food index increased 0.3 percent. uh, over the month with food at home Rising 0.2 percent.
Okay, index for all items less food and energy Rose 0.3 There's our core after Rising Point two, right? And this, this obviously trajecting up. not so great. This still puts us at 3.6 percent for an annualized rate of inflation. Uh, still well above that that two percent, right? So it kind of keeps work going.
You know, a QQQ down at the moment Now three quarters of a percent. Uh, really quite interesting to. uh to see that drop. It's almost like the market was really hoping for an even bigger drop.
Uh, that's that's incredible I Don't know if that's just going to be short-term here. Short-term sort of, uh, nonsense. but we'll we'll see. the market does some funny things all right.
What do we got here? Food? Uh. Three of six major grocery store food group indices increased over the month. The index for meat, poultry, fish, eggs increased one percent in December. See, that's it's still not good because one percent in December is 12 annualized.
That's still. Uh. the index for eggs Rose 11.1 percent alone. That's insane. Eggs exploding again here. Index for food at home increased 0.4 Still too hot. 4.8 percent, right? So you've got some food issues here. Fruits and vegetables.
Hey. Mediterranean Diet folks. come on, it's on sale. Uh, really, really good diet here.
Yeah, let's see here. Food. Uh. food, food.
Let's get out of food. So we saw: Energy Energy Index fell 4.5 in December after falling 1.6 in November That's great. Gasoline dropping 9.4 percent over the month. Really, really good following a two percent decrease in November.
But energy tends to be a little bit more volatile, right? And that's why we look at the core. The core extracts, uh, food and energy. Uh, and uh. here.
We actually got a little bit of a hotter read than we had last month, which isn't great. The Shelter Index continued to Inc. Are you serious? Uh, that's actually in. Okay, that's actually a good thing though.
The Shelter Index Rose 0.8 percent. We all expect shelter to absolutely get destroyed to absolutely plummet. so that is actually a good thing if a lot of the services. Inflation in Core is still coming from shelter, which we know is going to absolutely get decimated in the next six months because of all of the leading indicators you already rent.
Zillow Rent Uh, Core logic. rent. All of the active rent indicators suggest a massive plummeting in this number. So the fact: fact that we're still getting, uh, like, an increase in that rate because we were 0.7 last month and now it's 0.8 That's a sign that the leftover core inflation is being propped up by shelter.
That's actually good news because we know that is plummeting. See, look at this garbage. Owner's equivalent Rent Index: Rose Point: Eight percent. Nobody cares about owner's equivalent rent.
The index for lodging away from home Rose 1.5 percent in December after falling point seven percent of November Now that's a problem. Okay, that's that's a Services problem right there. That's travel continuing to Boom Not so great. Uh, but travel is a much smaller portion of the CPI increase then obviously.
uh, uh. Shelter shelter on CPI is about 32 percent of a weight Pce somewhere around 25. Shelter Shelter Index was the dominant factor in the monthly increase in the index for all items. less food and increase.
Good. That's actually great. That is great. That shelter was basically the only thing propping it up because here's what's going to happen.
NASDAQ By the way, Going Green. Now here's what's going to happen in my opinion. Okay, like you come back to this video in a year from now, you mark it down. You hold me to this one.
Okay, but I so strongly believe that in six to eight months from now, so come. Uh, July August September we're going to have a negative anchor of CPI because of shelter. We're going to have this massive anchor where all of a sudden CPI is plummeting negative and this is going to say the dominant factor in monthly decreases with shelter and it's going to be a huge anchor Again, 32 percent weight on CPI CBI is going to be big time negative because of that. Uh, so so that's great. That's actually good news that we're that the big reason we're still seeing an increase is something we know is already plummeting. Fantastic. Among the other indices, uh, that Rose in December was the household furnishings and operations man. people got to stop spending money on furniture here I Am I Just bought a bunch of new patio furniture I'm sorry, uh I got to get the employees patio furniture.
Okay, anyway, among the Uh indices that Rose in December was the index for household Furnishings right? Increased point three percent. that's not too bad. Vehicle insurance Rose Point Six percent Recreation point Two percent apparel Point Wow, Actually, Apparel: A point Five percent Interesting. Uh, an education point three Medical Care point one After declining in the previous, that's okay, this is relatively nominal I Mean honestly a Point: One percent increases is less than two percent annualized anyway.
Uh, index declined over the month. Include that the index for used vehicles and trucks which fell 2.5 percent in December Six consecutive decline. The index for Airlines Yes, Okay, good, good, good, Good good. The index for airline fares fell three point One percent.
Overland That's good. We we want to see softness in those Services Okay, that's why I did I I have a little bit of nervousness? The fact that lodging away from home increased 1.5 percent in December gives me a little bit of nervousness, but uh, I'm so grateful that we actually had an increase in the Housing Shelter one because again, we already know that's such old news and and uh, is plummeting. Index for all was 5.7 core. uh over the past 12 months? Yeah, but I wonder you know if you just zoom into like the past four months it's it's closer to like four percent.
Shelter increased 7.5 percent over the last year, Accounting for more than half. more than half of the increase in core is because of shelter. Now shelter only has about a 32 percent weight, but it's so it's been so much higher than everything else that shelter is half of the core increase we're seeing and we already know it's plummeting. Oh, that's great.
Uh, the other notable into increases over the last year include house. Okay, we read that. uh Medical Care new vehicles. Uh, blah blah blah blah uh.
All right, fine, fine, fine, fine, fine, fine. Uh, let's go I Want to get to some of the charts here? Okay, this is a little bit of background. Let me also see what Wall Street is saying and then we're gonna get some of these other charts here. So uh, let's see here: Top five contributors to month over month core number were rent of shelter, hospital, and and uh, related Services Leased cars and trucks used cars and trucks, video and audio services All right. Market Still has a base case of a 25 basis point hike 24 Chance of a 50 basis point hike. Now it looks like we are seeing treasury yields down a few um basis points after jumping initially and now they're rotating down. gold shot up at a session High 1900 an ounce. a lot of central banks now packing on Gold By the way, a lot more gold getting packed on interest rate Futures Uh, okay, that's fine.
Okay, interest rate Futures pricing in the 31 basis point hike which is much closer to 25. So we're probably going to be getting a 25 basis point hike after this. Uh, this report. uh, ad expectations.
It's not like some crazy shock to the downside where we're going to be getting a pause. Yet you know that pause is going to get delayed until March or may, uh, hopefully March But uh, if you've been watching my channel lately, you probably if you agree, at least with the data we're seeing, probably realize that the Market's already pricing in cuts for this year. The market is pricing in about 1.7 percentage points of cuts by the end of the year. and uh, about 500 basis points or five percent of cuts by um, uh, by the end of this tightening and loosening cycle.
All right. Uh, where did inflationary pressures build up household Furnitures Car insurance Recreation Shelter shelter being the big one Again, contributing to half of this issue here. Uh, Market position for an even weaker CPI Read: that's why we sort of had the pre-market rally a little bit, which which has since faded a little bit. Indices mostly flat right now NASDAQ Now down about a quarter of a percent.
Let's um, let's go ahead and uh, pop on into here. sorry that one. Yeah, there we go. Okay, so let's look at some.
Individual Services I Really? I just I'm I'm actually specifically just going to look for services now and we're going to. let's see here: New vehicles, Used cars, trucks. Okay, remember that by the way. the far right column.
Let me get you the headline here. The far right column shows you the November to December uh, seasonally adjusted change. Uh, so that this is where we're going to look for a moment. far right column, month over month seasonally just to change.
Let's get to. actually, if we get to. the end of the report, we'll get some more services. Yep, see, look at that.
Okay, Miscellaneous Personal Services: Oh, this is great. Look at that miscellaneous personal services and it only has like a 0.82 weight, but down. Negative point: Four percent that includes Legal Services which went up point two percent Funeral expenses up 0.7 Laundry dry cleaning up slightly Financial Services Down though, look at financial services and tax return prep and accounting fees. These things really waiting? Uh, uh. Miscellaneous personal services Down. you've got educational and calm Services Up: 0.3 percent that actually has a pretty good weight here. 5.3 percent. Uh.
Telephone services point: three percent a little bit 1.8 weight other recreational Services That's actually a nice little boost right there. Uh, that entire group here up 1.1 admission to sporting events really popping up over here. Let's see Recreation services up point: three percent so still seeing some of that Services Inflation this I Really like to see though. Public transportation down 2.8 airfares down 3.1 mm-hmm Motor vehicle insurance I Saw that as actually being a contributor, but it's only a point Six percent.
It's not a big deal. Uh, well. actually no point. six percent times twelve? No, actually that is.
That is a little bit of a big deal. Uh, that's 7.2 percent. Uh yeah yeah, yeah, sorry. Ignore me saying that's not a big deal.
That's that's actually quite a bit. Uh, so so this a little bit of a of an issue over here. Motor Vehicle Insurance Popping off? Uh, but uh, what do we got here? Car truck rental plummeting now? multiple? Uh, certainly three months in a row. Keep in mind, this is, uh, the cut off between seasonally adjusted, non-seasonally adjusted.
So these refer to recent months. So you really just look at the most, uh, the the three right sides over here. Transportation services though chilling out a little bit. uh, we've seen this number pretty nasty.
Two months ago was at point eight percent. The fact that we're a point two percent right now is great. Aligns with about 2.4 inflation annualized. Here's that: owner's equivalent rent.
Look at the last three months for owner's equivalent rent. Steady increase here. Point Six Point Seven Point eight. But again, we know that is going to plummet and look at that weight for rent of shelter folks 32.5 percent.
And even though it weakened in the last inflation report, it actually worsened this one. So think about that. The last two inflation reports were actually deemed to be good. Right here.
Those were deemed to be good reports and they had lower. Both of the last two reports had lower shelter inflation than what we're facing right here in this month. That's pretty remarkable. Uh, big big boost over here.
Uh, lodging away from home seems to be relatively volatile. If we look right here, you can see how we've sat at. Uh, let's go ahead and do this. Here are the last three months.
Uh, why? hold on there we go. Uh, uh, no. Come on there. We go here are the last three months and uh, you can see 4.9 percent Negative point Seven Positive: 1.5 very volatile category contributes less than one percent to CPI So really, not that big of a deal.
Rent of primary Residence owners equivalent rent, right? These things much more impactful to Uh to to the inflationary story. Tenants Insurance Only a point One percent super nominal here Medical Care Services Up 0.1 percent following two months of declines over here. Okay. Alcoholic beverages? Oh, what a bummer. Look at that. three months in a row over here. Uh, not that I Ever uh, consume alcoholic beverages here would? no? But uh yeah. Unfortunately, a lot of inflation over here.
I Mean that's uh, 0.5 You're still sitting at about six percent annualized inflation. Oh gosh, even worse. alcoholic beverages away from home? Oh my goodness, that's almost 10 annualized inflation right here. This is Terrible Tobacco's negative.
Personal care products. Uh, negative Services Less energy? Yeah, not not great, right? This is where we really need to see this basket fall. Because you look at: Services less energy. That's 57 of your inflation story.
Again, the vast majority of that though, coming from uh, the Uh from the rent of home and owner's equivalent right here. So again, really, when you start parsing out the numbers, yes, uh. I Uh, the shelter is a disaster I would say the one that was a pisser. Where was it? Oh, motor vehicle insurance, that was the.
that was the one that wasn't great right here I Did not like that. That's a lot. That's 7.2 percent annualized inflation, education, and calm Services Still sitting at 3.6 percent. Not great financial services plummeting.
We see that with the bank layoffs. Uh, why would analyze analysts revise their expectations lower? Why not let CPI report Crush Expectations Because analysts want to be right. Analysts want to be correct, right? So so they revise. and then the averages revise because you, you know you get, uh, you.
You sell more newsletters. If you're right with your predictions, you know. So uh. okay.
okay. new vehicles Negative Point: One percent good used cars and trucks Negative Point Two: two, Five Fine Footwear Negative: 0.2 Okay, this is this. Oh my gosh Apparel I Don't know how apparel popped off Point: five percent. That's pretty remarkable, especially just with the inventory explosion we're seeing even Lulu's conduct I Think Okay, we did a big piece on Lulu yesterday in the course member live stream I Let's just say I'm not very happy.
uh. Appliances here nominal? Uh. Following last months actually pop off there on appliances. Uh yeah.
And of course we get into the more foods and energy sectors which are very, very volatile sectors which, uh, not so incredibly important for us to pay attention to. But you could see you know the market a little bit is struggling to come to grips here with uh with with what to do Uh, personally okay and I'm not trying to put on the uh the Hat of uh Mr Perma Bowl meet Kevin here or whatever although that's roughly what what I I might come across as doing uh this inflation report is great. In my opinion, this inflation report is great. uh I uh I'm I'm very optimistic about this is like the worst thing that could happen today would have been any Miss to the upside, any single Miss to the upside would have been terrible. and the fact that we had shelter come in at point eight percent and alcoholic beverages come in at 8.8 percent. Okay, that part does not matter so much. but the the fact that um, owner's equivalent rent and shelter came in as high as it did. Uh, and and shelters representing half of the core increase and inflation still met expectations.
Oh my gosh, this is fantastic news. Philadelphia Fed Honker said Central Bank should lift interest rates a quarter point increase going forward as it approach. Oh, did this just come out from Hawker This is great. Yeah, yeah yeah yeah yeah yeah uh.
Fed Hawk Fed Hawker says Fed likely to raise rates quote a few more times in 2023, but shifting to a 25 basis point increment I don't I'm not convinced about the few more times I think maybe one more time and then we might be at zero. but then again, maybe we go to 4.75 I Don't see the four, the the five and a quarter terminal rate anymore I Don't see that, not not with how quickly uh inflation is coming down I think it's coming down actually faster than uh than the FED is expecting. Let me look at the FED term rate though. I I Not as much though concerned about the term rate because it's mostly how many cuts are we pricing in, it's falling.
The terminal rate expectations are now at 5.08 still up from about the 4.9 from Uh before Jerome Powell became a little bit more hawkish. Let's look at the five-year break even here and see what we got. Five year Break Even Oh oh ah. still stable.
around two and a quarter we're We're basically like along the bottom of where the five-year break even has has bottomed in 2022. We're just sort of bouncing off the triple bottom that we've had for the five-year break even. I Really need to see that break to the downside to start expecting uh Fed: Cuts I Do not think the FED is going to start cutting until that really breaks down to like 1.75 uh, or potentially lower. So um, all right.
well, at least we're not going up on that. So what else do we have here? A real average hourly earnings year over year? Now at? uh, what? Negative: 1.7 percent? Uh, uh. Prior release was negative 1.9 That was actually revised to negative 2.1 percent. So anybody's saying like people are making more money as as like employees.
Well, when you consider inflation, um, you're actually making less money. which is I don't know why I'm laughing. It's kind of sad. I think I'm laughing at myself more than anything.
Anyway, Uh, real weekly earnings year over year? Negative: three or sorry. Yeah. Weekly year over year? Uh, down. Negative: three point one percent.
Also, prior revision to the downside going from negative three percent to negative three point three percent. Uh, Market is trying to go slightly green here and let's take a brief look over here. I I Do um, uh. Pricing on the pre-market You gotta be careful with pre-market Uh, so let's just take a little for Giggles Look over here. What do we have? Bed Bath and Beyond at exactly 420? Well now 419. uh, four dollars and 20 cents here? Uh, I Personally think you ought to be extremely careful with the bankruptcy trending stocks. Uh, these are not going to be Hertz's Uh, Hertz was very, very unique. Remember folks, Hertz Was so unique because they had a pileup of used cars that were skyrocketing in value.
So they had what was deemed to be toxic assets that were actually delicious assets that kept becoming more and more Delicious By the day. So you had a bidding war for Hertz You're not gonna have that for the Revlon uh or the Bed Bath and Beyond in my opinion. Uh, it makes me very very nervous for folks. Uh Revlon is an interesting one.
uh oh it's now it's forgotten. Moved to OTC uh you know this one memed up for a while and you get this uh this craziness but uh I remember we did a course member live and I'm like this is this is all this is a short this is going to zero uh and it was so sad because after I did the it's going to shore like within a week or so it meme stocked to like nine bucks. but I'm like it's BS Be careful and sure enough 40 cents now. like the fundamentals always win over time and and that's it's it's one of the things you just have to be careful of.
like you could play the trends. but the fundamentals always win in the long term. it's kind of like ape. The fundamentals win in the long term.
I'm like this thing's going to a dollar. it went to a dollar. it went to 65 cents at one point. Um, but uh and and obviously now uh AMC The one of the only reasons that popped up is because AMC has actually agreed to convert these into AMC shares so their experiment failed.
They didn't raise that much money, but anyway, yeah, um yeah. look you know personally I think be just be careful of some of the bankruptcy momentum plays. Play them with speculative money buying trades, short-term stuff, whatever. but there are plenty of companies with phenomenal fundamentals right now.
Personally, I'm a big fan of looking for for pricing power uh, style stocks. I'm uh, I can't get into American Airlines uh I've done multiple Fundy analyzes on American uh uh and and I just can't get past the amount of debt service that the Airlines and the cruise lines have. It's it's nasty, nasty, nasty, nasty. I Think these are horrible value traps and while Airlines tentatively feel like they have had pricing power I think it's going away.
Although that American Airlines report this morning is quite interesting where you've actually seen American Airlines revenues come up. but but we'll see, we'll see how the recession impacts some of their pricing power. So uh, let's see here. looking at some of the comments here. thanks for watching Kevin Oh thank you so much I Agree. This report shows that we were on a consistent downward trajectory. No kidding. Yeah, Tsmc was interesting.
So Tsmc uh and Samsung Samsung did this as well. Uh, both of them Rose after reporting weaker numbers. And in my opinion, that's because we know that in the long term the chip companies, they have chip pricing by the falls. It's a little crude to say it that way, but like they've got a lot of control and uh, and and the chip manufacturers in unison now are kind of like slightly slowing production to basically manipulate prices higher.
Uh, now that's it. That is interesting because there was a piece this morning I think it was in the Wall Street Journal about or maybe it was Barons about Nvidia chips not selling as well as they should be. So I I'm investigating that. Maybe we'll talk about that in the course member live.
But um, yeah, this is interesting. Uh, also keep in mind that uh, you can Shadow me for uh, an entire day with the uh link down below. Yesterday we were in Salt Lake Utah Today I'm flying somewhere tomorrow I'm flying somewhere. These are day trips.
You meet me. We fly together. We we grab food or espressos or drinks together. Whatever we look at real estate, it's a really fun day.
You'll learn a lot about real estate. Uh, it's kind of like a crash course on real estate investing with actually seeing me go through properties and boy I had some things to say about some Salt Lake Properties I was railing on properties in Salt Lake yesterday. Some parts really really great. Really happy about some parts, but others were driving me nuts.
So uh, we'll have some videos coming out about that as well. So check that out next to the links down below for the programs on building your wealth of course. Uh, we do have a uh, probably the next pricing change will be closer to my birthday, so uh, soonish. But anyway.
so um, yeah. okay. Bottom line on the inflation report: I am a big fan of uh, ooh, Salt Lake versus Gilbert Well, well, you'll have to. You have to wait to find out.
Uh, that's a good one. but um, look. Bottom line: fake fan here. Let's go ahead.
uh uh oh I Want to look at treasury yields quickly? Bottom line though, big fan of uh, this inflation report I think it's exactly uh. well. it is exactly what we expected. uh and uh.
And the fact that you actually in these expectations had yet another increase in owner's equivalent rent just shows you how blind uh in my opinion, the FED is to even remotely suggest we should still be hiking. In my opinion, it is stupid for the FED to still be hiking when 50 of the core increase was shelter. It is stupid. but they're still gonna do it.
But but. but the bond market folks, oh, the bond market sees it. the Days Are Over The days of the high yields in the bond market are over. Look at that. under. we just broke under three five for 10-year treasuries. That's good, but that's also a sign that we have to start revving up a little bit faster. potentially if inflation Falls faster than we expect for house hack.
This is why I'm traveling so much for Helsack. Uh, we've got the non-accredited round coming up soon. Uh, so probably likely leaning towards March But uh yeah, this is. this is very, very exciting.
So um, uh, the bond market here falling is an indication that uh, the Federal Reserve is being is being too aggressive. Let's go to, uh, the Fed rate monitor tool. Let's go ahead and pull this up from Investing.com over here. Yeah, the Dixie will plummet.
Uh, hold on. let's see here. Ah ah no wait, Oh wait. what? Oh wow.
Okay, wait a second. That's actually interesting. The probability of a pause in February went to 26 percent and the probability, uh, according to uh, investing the investing rate monitor, that's not actually what we have from at least what the Bloomberg economists are thinking. so that's interesting.
They might be looking at two different measures here, but okay, okay, yeah, yeah, we are. okay. Now we're down to 28 basis points for the next meeting. Pretty much this CPI report pretty much confirms a 25 BP hike.
although the market is starting to price in a pause. uh, at a higher rate than than it was thinking yesterday. And if I go to March ah, Market's still mostly considering a 25 BP hike there. So the the vast majority of the market more than two-thirds of the market is thinking 25 25.
although the bets on a pause are increasing, I'm booking my flight with Kevin Hustle Smart dude I have I would love to have you. it's it. And it's a shadow experience, right? You're booking Your Shadow day with Kevin and uh, look, it's like just watch the videos. We have a kick-ass time.
It's really fun. Uh, yesterday yesterday was so fun. So um, you can follow me on Instagram and I'll I'll try to post some more stories than I did yesterday. I'll post some more stories today.
Uh, it'll be fun but uh yeah, follow me on IG So uh, still trying to get my Starlink internet but I do have go Go 5G for now so I should be able to post from there anyway. All right folks. Thanks so much for being here! I Love you all appreciate the support I I Know some people watching they don't like me but they still come from the data and you know what? I appreciate you too because you know what? I don't like everyone either. Okay, so like we're all human, we all got our own problems.
Appreciate y'all all right folks. See ya. Hustle Smart says absolutely I'm shadowing the goat man. Stop it.
You're being too nice here. Stop it. Step broke up on me I Appreciate you.
So pretty much only the markets affected by unloading gas reserves saw positive change
You can actually see it on iPhone/iPad now
Today was the last CPI print that will be calculated by the current methodology. February's CPI print will be the first report based on a new methodology
CPI was formerly based on two years of consumption data. Now, CPI will be based on a single year of data.
First time we did not get a CPI summary video
lol – only one flock of sheeple here 1.85 mln sheeple actually. CPI goes negative sheeple and markets won't go anywhere but chop – investors paradise, not.
I do see the join button on iPhone. Just fyi
I’m on an iPhone and see the join button. I think with this last update they fixed that
True I sometimes hate him but he surely does an excellent job and his work ethic is admirable, thanks for the love
Jail is NO FUN – $2,900 to shadow you for a day – as you are spending $200,000 a month on your PRIVATE Jet – NO
Get ready for the pull back… gap down tonight then banks tomorrow big pullback
Crypto is blowing up!
Don’t worry gas will be up 25% in January. Gas has been terrible lately.
YOLO! 🇺🇸
How many people will be going to JAIL? Off the charts –
This ain't funny – many people in America will be going to JAIL. No shit
I'm happy with these results, sadly I still see them doing a 50 point hike, still being hard with their hikes, ultimately putting us into a recession for Q1 and Q2, and dropping the S&P to 3400 +- 100.
Here we go, we hit target 🎯 #1 ✅
Kevin: You can “join” on iPad and iPhones now:)
Energy inflation is likely to return with warm weather… Oil prices can only be suppressed for so long. As soon as the FED pivots energy prices will spike. The FED is trapped… strangle the economy with high interest rates or live with high energy prices.
That’s barely a drop at all
Looking at stocks like $PARA
Exactly, you’re the only negative person here. Scaring ppl with title of your videos just for More viewers. Your stupd negativity is contagious
As soon as those numbers dropped I had to come here .. to see what Kevin thinks. The market seems optimistic esp w/ gold. 😊
😎
If core cpi continue to rise, wage inflation is slowing Than stock earning Will get destroyed but the average consumer got less money for other spending with most compagny like Apple/Google/Microsoft/FB/Tesla/Amazon being non essential spending which people Cut back on.
eggflation
Moral of the story… considering inflation every worker is making less money. Exactly what they want. Rich richer, middle class moved down to poor and the poor wiped out completely. Sad times were in
If we can't close above the main downward trendline after today, we may be looking to give back the gains back down to the support a week ago. Decent report, but I think CPI trending down is well known, so its priced in. Now earnings for these next few quarters are at the center stage, and if the bond market or the fed is right in the end. Because if the Fed doesn't immediately come to the markets rescue and give liquidity, then the market is going to crap itself.
I work for a local hardware chain, our bottom line is down around 20% the last 3 mo or so. Builders not yet buying again.