Inflation just handed the Fed a loaded gun. Core CPI hit 0.3% for the THIRD straight month. That's 3.7% annualized against a 2% target. Headline inflation came in hotter than expected at 0.4%. Guys, Waller floated a 50-basis-point hike if core hit 0.3%. It just did. Logan already wants two more hikes. Bitcoin is near $73K, and Wall Street now has to price in a Fed

Inflation once again came in 🔥 than expected. @sonusvarghese has said all year that inflation would remain hot and as a result yields would likely stay higher than most expected. Here are his latest thoughts 👇 👇

Inflation doesn’t always announce itself. It quietly changes what your money can buy. S3 EP2 of #OpportunityCompass# explores how inflation reshapes asset prices, and why rates become the tool used against it. 🧭 Explore the full series:

Inflation has more than wiped out all US consumer wage gains since the 2020 Pandemic: US consumer prices have risen +31.3% since April 2020, to an all-time high in September. Over the same period, average hourly earnings have increased just +25.9%. This comes as CPI inflation has now been above the Fed’s 2% target for 67 consecutive months, the 3rd-longest streak over the last 100 years. The only 2 longer streaks lasted 242 months, ending in 1986, and 128 months, ending in 1997. Inflation continues to erode the spending power of Americans.

Inflation reaccelerated as the election drew closer, according to the latest government data reports. The consumer price index, a broad basket of goods and services tracked by the Bureau of Labor Statistics, climbed 3.7% year over year in September. The index was driven higher by a surge in energy prices amid the war with Iran. Find more election live coverage here: