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Rebel Capitalist News

News: New INFLATION Data Points To Another 50bps Cut!!

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 27 September 2024

⏱️ 26 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom.✅ Come to Rebel Capitalist Live here https://rebelcapitalistlive.com/   ✅ Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro   ✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com

Transcript

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0:00.0

Hello, hello, Rebel Capitals, hope you're well.

0:03.0

Boy, we've got the new inflation data out, the PCE.

0:08.0

And you know what I noticed?

0:10.0

I forgot to turn on my light.

0:11.6

Josh, why didn't you remind me of that?

0:13.4

I see Josh is, he's asleep on the job, guys,

0:15.8

he's asleep on the job.

0:17.7

He's these kids nowadays.

0:20.9

All right, there you go.

0:22.7

So the PCE numbers are out and my goodness they surprise the market.

0:28.1

So let's check out what's going on, but maybe more importantly, what's happening right now with the inflation data around the world.

0:37.2

And then at the end of this video we're going to go ahead and connect some dots.

0:40.6

So first and foremost, the P the feds inflation gauge at 2.2% in August lower than

0:50.0

expected not that much lower but 2.3 was what we were expecting. So key talking points,

0:56.8

PCE price index. A measure the Fed focuses on to measure. A measure the Fed focuses on to measure a measure the Fed focuses on to measure. Oh my goodness I hate that. I hate that. I hate that. I hate when I do that on my own videos and I'm getting better and better as I

1:15.9

but I hate it when I use the same word like multiple times in the same sentence

1:22.1

come on see and be see in the same sentence.

1:22.6

Come on, C and B.C.

1:25.0

You can do better than that.

1:26.8

All right, but that doesn't really matter here.

1:29.8

We're not worried about grammar.

1:31.2

Getting back into it, excluding the volatile food and energy, core

...

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