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Bannon`s War Room

Episode 2151: I've Seen Fire And I've Seen Rain: The Worst Plumet Of The Markets Since June 2020; Fredericks Live From New Hampshire

Bannon`s War Room

WarRoom.org

Politics, News:politics, News

4.516.4K Ratings

🗓️ 13 September 2022

⏱️ 56 minutes

🧾️ Download transcript

Summary

Episode 2151: I've Seen Fire And I've Seen Rain: The Worst Plumet Of The Markets Since June 2020; Fredericks Live From New Hampshire 

Transcript

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0:00.0

A thousand years for you, and a road down the song

0:07.0

I just can't remember who we've sent into

0:14.0

I've seen fire and I've seen rain

0:20.0

I've seen sunny days that fall they never rain

0:25.0

I've seen lonely times and I could not find a friend

0:34.0

But I always thought I'd see you again

0:43.0

I mean, today's CPI was just no way to sugarcoat it

0:46.0

It was a nasty report, but at the same time

0:48.0

Investors shouldn't forget the fact that just about

0:50.0

I think every single other inflation indicator that we track has been showing signs of inflation rolling over

0:57.0

So I think one report does not make a trend

1:00.0

And whatever today's report was, 4% Fed funds rate was pretty much baked in the cake by the end of the year

1:06.0

Right

1:07.0

Where maybe up 25 basis points from there

1:09.0

So I think when you have almost a Fed locked on that position

1:13.0

Which may be too aggressive, and totally have that view

1:17.0

And it may be you just have to take a holistic approach

1:21.0

And then look at the indicators in some

1:24.0

And like I said, I mean the ZW inflation expectations report out of Germany

1:29.0

Showed the lowest inflation expectations for the US going back to the financial crisis

1:33.0

So I think this isn't the end of the world as far as

1:38.0

That being today's hot CPI report sending stocks tumbling

...

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