Inflation on the Decline! | Trappin Tuesday's (Wallstreet Trapper)
Trappin Tuesday's
Wallstreet Looks Like Us Now Network
4.9 • 2K Ratings
🗓️ 19 November 2022
⏱️ 15 minutes
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Transcript
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| 0:00.0 | The dollar has lost 4% of its value. |
| 0:16.6 | What does that mean? |
| 0:18.9 | All right. |
| 0:20.4 | So inflation numbers are coming in a little bit better. |
| 0:25.8 | So remember I told you why, |
| 0:27.2 | this is why it's good for y'all to catch up on every episode, right? |
| 0:30.4 | So remember I told you that China is a manufacturer-driven country. |
| 0:40.0 | Right, so everybody going to pay,, think about it right now. |
| 0:45.0 | One of the reasons why the market is going good, |
| 0:48.0 | or the people feel good about the market so far, |
| 0:50.0 | is because the China lockdowns are easing up. If the China lockdowns are easing up. |
| 0:53.0 | If the China lockdowns are easing up, |
| 0:55.0 | what does that mean? |
| 0:56.0 | That mean they can get back to making stuff. |
| 0:58.0 | You know what me? |
| 1:00.0 | If the China lockdowns ease up, they can get back to making stuff now |
| 1:04.0 | inflation is coming down it went from 8.3 something to 7.7 why because the |
| 1:10.1 | Fed has kept hitting us with 75 75 75 75 75 75 75 just wrong really wasn't playing. |
| 1:15.0 | Now because he keeps tightening that makes the dollar stronger. |
| 1:22.0 | Now he like all right. That makes the dollar stronger |
| 1:30.4 | Now he like all right because he tightening that brings inflation down now here's the dope |
| 1:33.2 | gas 18% CPI numbers, right? Consumer price index. |
... |
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