Hello fellow Rebel capitals hope you're well got the new

C. P. I'm not gonna say it shocked the market but it's surprised the market. Let's go right over to

CNBC and let's dive right into all of the details that you need to know.

All righty, the CPI Report shows inflation easing in April.

So that's, you know, it's just down a couple ticks, no big deal.

I don't know if this really means anything, but I, once you scratch beneath the surface once you look

under the hood that's what reveals what is most important about this

CPI report we're gonna get into that in just a moment. So it's overall year over year is at 3.4%

and for those of you who have been watching my videos for quite some time, you know, this is pretty much my base case. I get a lot of things wrong, but I definitely got this right. In fact, inflation going all the way back to 2020, I think I've nailed. Because in 2021 2021 I thought it was going to go up and

then once we got to a certain point in 2022 and I saw well everything that took it up

you don't really have as much of that so so it'll probably come down.

And then when we hit right around 3.5 or so,

I said it'll probably stay around this range

until one of two things happens.

Number one, we have the stuff at the fan, crisis, financial crisis, hard landing, whatever you want to call it. And then you'll most likely get a decline in the

CPI. You could even see deflation, a deflationary bust like we saw in 2009. Or you're going to have just

massive government fiscal, you know that new thing that they just proposed with

Freddie Mac on allowing people to take out another

three trillion in a neck or basically encouraging them take out another three trillion that

could move the needle I'm not saying it would take it up to nine, but you know that might get us into the fours or four point five, but without some sort of significant catalyst, I thought we would just pretty much stay in this range. So this is not surprising to me at all.

One thing we will point out, or as far as just kind of you're a Fed watcher.

Core inflation was at 3.6 percent, the lowest reading

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