Financial headlines this week are focusing on the upcoming CPI (Consumer Price Index) report in anticipation of any Inflation surprise.
But from our perspective it will be more lies.
And although the report won’t be officially out until the 20th, Wall Street always gives you hints in advance of the news they want you to believe.
Example: According to Bloomberg, for February, Wall Street expects headline inflation to log an annual gain of 3.1%, unchanged from the headline number in January.
Inflation at 3.1%?
LMAO!
We challenge you to do the math and see if what you buy every day has only increased 3.1%.
Hint: If your grocery bill went from $250 to $275, you got whacked with a 10% increase.
But did you know the Boyz putting these numbers together fail to tell you that their “core” basis DOES NOT INCLUDE food and energy?
And that they are expected to have only increased 3.7% year over year…a slowdown from the 3.9% increase seen in January.
Inflation Surprise/Lies
To see beyond the Inflation Surprise/Lies you must first understand the need for the financial Presstitutes to convince you that everything is under control. And that the trend is not strengthening.
But that is definitely not the case.
And to make you feel good, they will remind you how much your home has gone up in value.
There are three issues here:
- Your home is not worth nearly as much as you think. And it’s because the value of your dollar is worth considerably less.
- What about people who cannot afford a home…which is rapidly becoming most of the working class.
- Selling your home in a highly inflated market means you must also purchase a new home in a highly inflated market.
Is this making sense?
In the meantime, economists expect Thursday morning’s report will show retail sales grew 0.8% month over month in February.
And they will cheer how it was a rebound from the 0.8% decline seen in January.
So, what do you do?
If Wall Street pumps up the markets we will remind you of an old industry adage:
Buy the Rumor, Sell the News
Translation: Take some profits/money off the table.
It’s going to be a bumpy ride for the next few months and the financial Boyz have already started taking profits.
And they need you to buy into their hype so they can liquidate more…at YOUR expense.
Be sure to read our Short and Sweet Tips column in the March issue of “…In Plain English” (HERE) to see what sectors are most vulnerable.
Share this with a friend…especially if they feel the pain of inflation surprises.
They’ll thank YOU later.
And tell them:
We’re Not Just About Finance
But we use finance to give you hope.
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