VRA Investment Update: Fox Business; When The Generals Lead, the Troops Fall in Line. Inflation Does Have An Upside.

VRA Investment Update: Fox Business; When The Generals Lead, the Troops Fall in Line. Inflation Does Have An Upside.

Good Thursday morning. Charles Payne of Fox Business had me back on his show ‘Making Money’ yesterday and the events surrounding it were interesting. Here’s how it works: First, one of Charles producers emails you a day or two before and ask if you’re available for the show. Second, they ask you to send over your latest “hit” (VRA Letter). I’m assuming they do this so they can see whether or not what you’re saying is interesting and/or worthy of being on air. Third, they let you know whether or not you’re officially invited onto the show.

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VRA Investment Update: CPI Breakdown; A Relative Implosion in Consumer Prices. PPI Falls to 2.3% Inflation. US & Global Bull Markets.

VRA Investment Update: CPI Breakdown; A Relative Implosion in Consumer Prices. PPI Falls to 2.3% Inflation. US & Global Bull Markets.

Good Thursday morning. Yesterday we learned that CPI inflation fell to 4.9% (year over year), marking the 10th straight month where inflation has declined (also known as disinflation). However, the core reading, which strips out food and energy (because who of us eats food or uses energy) dipped to 5.5% year-on-year, down from 5.6% in March.

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VRA Investment Update: J Powell, the Jim Cramer of Fed Chairmen. Upside of Inflation. The Markets Love it When the Fed Stops Hiking.

VRA Investment Update: J Powell, the Jim Cramer of Fed Chairmen. Upside of Inflation. The Markets Love it When the Fed Stops Hiking.

Good Thursday morning. In Tuesdays Letter I wrote the following…

“J Powell is the most unpredictable Fed Chair of our times and the root of his unpredictability lies in the fact that he desperately wants to be taken seriously. Powell is highly unpredictable. That’s a dangerous trait in a Fed Chair.

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