Well, howdy there, Internet people, it's Bell again. So today, we're going to talk about Trump's

inflation numbers, being doubted by the big names. The new inflation report was interesting to say the

least. The report came out and showed CPI at 2.7%. The market expectation was that it was going to come in around 3.1%. Immediately, Trump supporters started doing victory laps. Retail investors generally accepted it at face value because they wanted to.

A lot of liberals sent questions asking if Trump was cooking the books,

and the big names in finance started pressing X to doubt.

There is definitely a lot of skepticism coming from big financial houses. And we'll get to that,

but we need to touch on some other things first. A 2.7% reading would be amazing, but it's

different from the expectation by a drastic amount. Remember, the market runs on estimates, and when those estimates are off by a large amount,

the market should have a negative reaction because the estimate being off by that much

means that they've missed something major about the economy. But that didn't happen. There wasn't a negative reaction. Why? Because retail

investors are running on emotions, pushing price to earnings to dangerously high levels. And because,

frankly, a lot of the big houses don't believe the report. Is that because Trump cooked the

books? Not exactly. Michael Hansen, who is a senior economist at J.P. Morgan, explain that the

numbers coming in lower than expected, quote, suggests that the BLS may have held fixed a number of prices it was not able to

collect in October, which likely means a material downward bias in the current numbers that will

be reversed in coming months as full price collection resumes.

Clear is mud, right?

We can't just say things in English when it comes to economics.

Here's the translation.

Because of the government shutdown,

BLS had to estimate October numbers instead of using hard numbers coming from the normal survey data

collection process. They estimated wrong, but it'll show up later. Meanwhile, Diane Swank, who is the

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