Hello, fellow Robo capitals, hope you're well.

CPI numbers are out and what's surprising to most is that in December we saw deflation, not disinflation, but deflation. So first and foremost, the headline The headline CPI number year over year went from 7.1 down to 6.5.

That was the market expectation.

But again, if you look at the month over month numbers, you see that in December according to the

the CPI and we know it's understated but but it is a measurement that is

showing us kind of comparing an apples to apples,

although the apples that they're showing us are underpriced,

at least it might show us what prices are actually doing.

And when we look at this, we see that prices are definitely

let's say increasing at a much slower rate.

And on this channel, this is something, this is a prediction, if you will, that we absolutely nailed.

Now, one thing I got completely wrong is I didn't think the Fed would be able to raise higher than maybe 2.5 percent.

So now they're at 4.25, range between 4.25 and 4.5.

So I completely whiffed on that call.

But one thing that we got spot on is that we would see inflation and then we would see disinflation.

And that's exactly what we're seeing year over year with the

CPI going from nine down to what was it 8.3 now we're down to 7.1 now we're down to 6.5 and

let's shoot right over to this story from

see and get the details.

And then I want to show you a chart

that we referenced briefly the other day

that shows the last six months of

...