Don’t be fooled… Inflation is NOT coming down

Between the debt ceiling drama… interest rate hikes… inflation and stagflation… and mixed economic signals… it’s hard to make sense of all the chaos right now.   The media says inflation is coming down… But I have a quick rant about why you shouldn’t be fooled by the latest economic data—or the talking heads. I also explain why it’s insane for anyone to expect a rate cut this year.   Next, I break down the government’s crazy spending spree… and why it’s going to be a big problem going forward, especially for the U.S. dollar.   The latest round of 13Fs are in—showing what the biggest money managers invested in last quarter. I highlight one sector these guys have been piling into… and why it’s a major red flag for the economy.   Home Depot (HD) reported earnings yesterday. I break down the results and explain why things will get much worse for the retailer. Plus, I share two stocks that are much better buys right now.   Tomorrow on WSU Premium, Daniel and I will highlight around 20 more names that will give you more bang for your buck than HD. Make sure to catch the episode—Subscribe to WSU Premium at WSUoffer.com.   In this episode Making sense of the market chaos [0:30] Inflation is still running rampant [3:35] Don’t expect a rate cut this year [7:30] Our national debt is out of control [10:00] A major red flag in the latest 13Fs [13:05] Shares of HD are overpriced [19:50] Tomorrow’s can’t-miss episode of WSU Premium [27:05]   Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox each week: www.curzioresearch.com/wall-street-unplugged/   Wall Street Unplugged podcast is available at: --iTunes: itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --Stitcher: www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --Website: www.curzioresearch.com/category/podcast/wall-street-unplugged/   Twitter: twitter.com/frankcurzio Facebook:. www.facebook.com/CurzioResearch/ Linkedin: www.linkedin.com/in/frank-curzio-690561a7/ Website: www.curzioresearch.com