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New Inflation Numbers - This Is Fine, Everything Is Fine
Inflation numbers are out again and oh boy, I just know JPow (Sir Jerome Powell - respected seer and protector of all of us and our economy from reality) was STOKED! I'm sure they are "in-line" with expectations and everything is fine, just fine and dandy! Keep doing a great job retiring terminology and ignoring that pesky dumb consumer sentiment. What does a vast collective of individuals know?!
0:00 - 1:10 Introduction, Articles Below
1:10 - 3:00 Inflation Numbers
3:00 - 3:36 These Jackasses
3:36 - 4:42 JPow & The "Transparent" FED
4:42 - 5:26 Consumers Pay Attention
5:26 - 6:30 Why It Matters
6:30 - 8:13 Remember The Agendas
Articles
https://www.cnbc.com/2021/12/10/consumer-price-index-november-2021.html
https://www.marketplace.org/2019/07/30/why-the-fed-decided-to-be-transparent/
https://www.marketwatch.com/story/powell-promises-great-transparency-on-tapering-asset-purchases-11616673616
https://seekingalpha.com/article/4418733-gold-feds-shutting-down-money-supply-data-is-alarming
https://nypost.com/2021/11/30/jerome-powell-its-time-to-retire-term-transitory-inflation/
https://www.bloomberg.com/news/articles/2021-10-08/u-s-is-in-recession-if-history-of-consumer-sentiment-repeats
https://www.cnn.com/2021/12/01/economy/inflation-good-bad-winners-losers/index.html
https://theintercept.com/2021/11/10/inflation-economy-debt-milk-prices/
University of Michigan, University of Michigan: Consumer Sentiment [UMCSENT], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/UMCSENT, December 10, 2021.
***Disclaimer: This is for educational purposes containing my personal opinions and approaches, this is not investment advice. All trades are made in my smaller accounts to accommodate reasonable expectations for beginning traders with smaller accounts.***
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