CPI Runs Hot–Are We Headed For Stagflation?

Published on
October 13th, 2021
36 minutes

IMF Cuts Growth Forecast as Record Number of U.S. Workers Quit Their Jobs

CPI Runs Hot–Are We Headed For Stagflation?

Daily Briefing ·
Featuring Darius Dale and Jack Farley

Published on: October 13th, 2021 • Duration: 36 minutes

September’s CPI report revealed that, as energy and food prices climbed, consumer prices rose 0.4%, pushing the year-over-year inflation to an uncomfortably hot 5.4%. Yield curves flattened after the CPI released with shorter-dated yields rising and longer-dated yields falling. Tech stocks are advancing while banks and energy stocks are faltering, including JP Morgan ($JPM) despite their Q3 earnings topping analyst estimates. Darius Dale, founder and CEO of 42 Macro, joins to discuss the rapidly rising probability of realizing stagflation in Q4. Interviewed by Jack Farley. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3ADpJna