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Podcast: The Dividend Cafe
Episode: The DC Today - Thursday, August 10, 2023
Description: Today's Post - https://bahnsen.co/454dv7h
A tad to my surprise CPI came in even lower than expected (+3.2% vs. consensus estimates of +3.3%). The core rate was +4.7% as anticipated. On the month, prices ex-food, ex-energy and ex-the B.S. shelter figure were down -0.1%. Within that +3.2% the shelter component was up +7.8%, as the model shows OER (owner’s equivalent rent) up +7.7% on the year and Rentals of primary residence up +8%. Uh huh.
Core goods prices are up +0.8% on the year. +0.8%. The annualized total CPI from the last three months even with the bad shelter da...