#CPI βπ½
#CPI πβπ½
Shelter inflation is the big cheese for Core #CPI; we should all know by now this data line needs to catch up to the reality of real-time shelter data. The bond market gets it, the Fed to old to slow, and all of you have no excuse π
Remember, shelter inflation CPI lags 12 months from now; we are all in a different spot with inflation data βπ½πͺπ½
#CPI
The Mad Max basket is cooling off; no surprise.
If you don't know who Mad Max is you missed out #Thunderdome π
Only the Hobbits eat two breakfast baskets still elevated. We need to get control of Egg prices π€¨
π€―
#CPI
I am glad I bought my new car in October 2020 Basket is fading.
You can all see what is happening here; Core CPI is being held up by a lagging component, which is also roughly 42.4% of the index. π€¨
Remember, we will have nearly 1,000,000 rental units hitting the market next year on top of the real-time growth cool down in the data
The Fed can act old and slow, but you don't have to be. π
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.