Grim inflation reading may lead to THIS – Consumer prices coming in hot again

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Wednesday, February 12th

 

“If you wish to drown, do not torture yourself with shallow water”

-Bulgarian proverb

 

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Markets Today

🌏 Asia-Pacific: Up

🇪🇺 Europe: Down

🇺🇸 United States: Down

🛢️ Oil: Down

Crypto: Down

 

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Major Market Events 

  • Egg prices surge to latest record
  • Nvidia shares no longer bulletproof as DeepSeek fears linger
  • CVS beats on profit amid lower medical costs, stock jumps

 

🤔 My Thoughts

The latest inflation report was extremely important…

And the numbers aren’t good.

The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 3.0% over the prior year in January, an uptick from December’s 2.9% annual gain in prices.

Is is time to start raising your own chickens in the backyard?

Seasonal factors like higher fuel costs and continued stickiness in food inflation kept the headline figures elevated. Notably, the index for eggs increased 15.2%, the largest increase since June 2015.

I know from my own experience that the good cage free eggs at Whole Foods are ticking up to over TEN DOLLARS a carton depending on which one you choose.

In theory, President Trump has a few tools to fight inflation – lowering energy costs through deregulation, and cutting government spending and money printing.

But the ugly truth is that he probably needs at least a short term market crash as well, and he’d prefer to have that happen now while he can still blame it on the last administration.

So buckle up for some rough times ahead.

I’ll be going LIVE today at 2 EST to share an INCREDIBLE strategy for targeting profits right now… that can do even better in these grim market conditions.

(I’ll also share a way to tap into potential crypto profits  WITHOUT having to buy a single coin)

No cost to attend – but you need to claim an RVP to the event right here.

More Resources from Wealthpin

Buy everything? – Is a massive rally incoming?

__________________________________________________________________________________ __________________________________________________________________________________ Tuesday March 25th  __________________________________________________________________________________   “The function of prayer is not to influence God, but rather to change the nature of the one

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