US CPI inflation 7%. Highest in 40 years! Real earnings down by 2.4%. The Fed is still running an extremely aggressive monetary policy.

 Never forget: Those price increases are not coming back down, you're stuck with them. Powell already told you so.

7% headline, briskest since 1982 (up 0.5% v est 0.4%) & 5.5% at the core (up 0.6% v 0.5% est)

OER up 0.4%, which we know is broken metric.

Real earnings down by 2.4%

Usurpers to Progressive Incumbents: “PLAY BALL!”

Hawks to Doves: “March 17th!” QEternity..Diversify accordingly  

Price increases over last year (CPI report)... 

Gasoline: +49.6% 

Used Cars: +37.3% 

Gas Utilities: +24.1% 

Meats/Fish/Eggs: +12.5% 

New Cars: +11.8% 

Overall CPI: +7% 

Food at home: +6.5%

 Electricity: +6.3% 

Food away from home: +6.0% 

Apparel: +5.8% 

Transportation: +4.2% 

Shelter: +4.1%