Hello and welcome. It is Eric Erikson here. I am glad to have you with me today. I sure hope you are doing well and you got blue skies. Maybe you don't. I do. It's chilly outside. It's that time of year. The leaves are rapidly changing colors. The phone number, if you would like to be on this program, 8779797. Eric, 877973, 7425. We got to begin with the news that none of us really want to begin with, but we must.

This is Rick Santelli on CNBC this morning. On CPI, holy cow, hot, hot, hot, even the headline is hot, up 9 tenths of 1% up 9 tenths

of 1%.

And of course that really is much bigger than the 6 tenths expected.

Strip out the all-important food and energy up 6 tenths.

That's 2 tenths hotter than expected.

And we jump the broom on the handle here year-over-year CPI, 6.2%.

6.2%.

That's the highest since October of 1990 when it was at 6.3%. And it's the six month in a row of 5% or higher that began in July, excuse me, in June with a 5.0. So these are, you know, you can call it temporary, but it certainly doesn't appear that way in the real world finally if you look at only core

year over year up 4.6 much harder than expected and to find a higher number

year over year core than 4.6 you have to go back to July of 91 when it was 4.8

that's not good and now MSNBC the cost of a dinner time staple for many Americans.

Beef is going up to.

NBC News correspondent Carrie Sanders reports.

If beef is what's for dinner for your family,

get ready for some Fred Flintstone-sized sticker shock.

That'll be 355.

3.55.

The wholesale price of high-quality beef is up 34% since last year,

and the beef in veal category is weighing in with the largest price increase of any food group.

One of the pricest proteins, bacon.

It's going to cost you 40% more than it did at the beginning of the pandemic.

...