4.7 • 1K Ratings
🗓️ 13 February 2024
⏱️ 23 minutes
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0:00.0 | Hello, fellow Robo capitals hope you're well, so the new |
0:02.6 | C. P. I data is out and holy cow the market was not expecting this. |
0:10.1 | Stocks get crushed in the bond market the yields are exploding higher so let's dive |
0:17.4 | into this report see what's different from the expectations and let's head over to the |
0:23.8 | c and b c home page and see what all of these what the markets are actually doing |
0:30.1 | and how much they're responding to this |
0:33.1 | CPI report that |
0:35.2 | caught people off guard. |
0:37.0 | Let's go right over to |
0:38.6 | C and B. Here is the inflation breakdown |
0:42.4 | for January 2024. |
0:45.4 | This report just came out this morning. |
0:49.5 | All in one chart, key talking points, |
0:51.9 | Consumer Price Index rose by 3.1% in January, a smaller annual |
0:56.7 | increase than December. But this exceeded expectations. Workers buying power. Now this is something that I want to focus on |
1:06.7 | throughout this entire video because this is complete BS and it's really shocking to me that the mainstream media pushes this |
1:19.0 | nonsense and people actually buy into it now I know you don't buy and into it because you're a lot smarter than that. |
1:24.7 | You can use common sense, the rebel capitalist community. But I can't believe that they can get away |
1:29.4 | with this narrative, really. Next key talking point, however, there were a few potentially worrying signs |
1:36.2 | under the surface. Okay, so they say that the overall headline-CPI number year every year has the headline |
1:42.6 | CPI number year every year has is now 3.1% and that's down from 3.4%. |
1:50.3 | What was really surprising to the market is the month over month data was higher than expected more on that just a moment here they break down the chart now this is a headscratcher to say the least. So all items like we said |
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