Hello, fellow rebel capital. So up your wells. We have new inflation data that shocks the market.

In fact, the inflation data is higher or just as high, or the highest point, I should say,

in the last three and a half years. So we had the CPI yesterday and that kind of was understated or that was, let's say,

anticlimactic. It came in just beneath market expectations. But the PPI was out today,

the producer price index and that blew away expectations, which has a lot of people screaming stagflation,

stagflation, stagflation, and a lot of market pundits, let's say, are saying,

all right, here's when the tariffs really start to hit the U.S. economy and they're hitting the producers

hard now and they're likely going to hit the consumers, excuse me, very, very soon. So let's

dive into the data and see what on earth is going on. Let's try to make some sense of this

and connect some dots to see if we should

really start worrying about stagflation. And when I'm talking about stagflation, I'm talking about

an acceleration of inflation, not just a price adjustment due to, let's say, 25% tariff on

Toyota is being imported from Japan or something. Okay, let's get into it. Josh, you know who Rick Flair is? See, this is why Josh will never have his own channel. Or he's got his own channel, but he'll never have 100,000 subs. Because to be the man, you've got to beat the man, Josh. you're never going to beat this man right here rick

player is been too much time on twitter or on uh tinder you don't have new he's the rolex wearing

private jet flying wheelin dealing kiss stealing son of a gun and you can't help but keep these

alligators down how'd I do there guys

how'd I do okay enough of that stuff woo exactly all right let's get into the data I'm the

rick flair of macroeconomics I am the man and Josh is never going to beat the man. Okay, so we look at the

PPI. Now, expectations were for 0.2 percent and last month it was zero. And so this month,

just the change from June, because these would be the July numbers.

0.9.9. Like I said at the beginning, this is the highest reading we've had in like three and a half years.

And then we've got core PPI, which let's see here, was expected at 0.3. Last month, at 0.6. PPI year of year last month,

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