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Podcast: The Dividend Cafe
Episode: The DC Today - Wednesday, May 10, 2023
Description: Today's Post - https://bahnsen.co/44MFjx8
So the CPI today came in today at 4.9% year-over-year, the lowest we have seen now since April of 2021. 5% had been expected so it is another month of slightly lower than expected year-over-year movement. And yet …
Shelter is showing an +8.1% year-over-year price inflation still now in April. Yep. +8.1%. So, at the 34% weighting you can surmise that 2.75% of the inflation is, well, poppycock. That puts the actual present CPI somewhere between 2% and 2.5% which last time I checked is the Fed’s target.
Used car prices are down -6.6% on t...