Last week the latest CPI inflation data came out from the BLS. If you watched the news, they played it up. While we don't know what inflation will be with any certainty, stop watching the news and start watching the data for yourself. In this week's episode, Derek runs through factors to keep an eye on and where you can track the data for yourself.

What's going in with rental car prices? What about energy prices? What happens if you remove the re-opening items from core CPI?

CPI Consumer Price Index up 5.4% year over year in June 2021

Why are rental car prices surging?

Commenting on Scott Minerd's piece on Guggenheim's site around inflation

Sticky CPI vs Flexible CPI

Real Disposable income check-in

Housing prices vs mortgage payments as a percent of real disposable income

Interesting items in CPI including rent, owners equivalent rent, shelter, used cars, rental cars, and more

How you can track CPI trends

Where to find the data on FRED Federal Reserve Bank of St. Louis site

Mentioned in this Episode:

Real Disposable Income data https://fred.stlouisfed.org/series/DSPIC96

Sticky CPI vs Flexible CPI data https://www.atlantafed.org/research/inflationproject/stickyprice

Mortgage Debt Service as Percent of Disposable Income https://fred.stlouisfed.org/series/MDSP

Household Debt Service as Percent of Disposable Income https://fred.stlouisfed.org/series/TDSP

Article explaining the rise in rental car prices https://www.businessinsider.com/rental-car-shortages-us-travel-demand-chip-shortage-2021-4

Scott Minerd Guggenheim piece saying not to panic on inflation https://www.guggenheiminvestments.com/perspectives/macroeconomic-research/still-no-reason-to-panic-about-inflation?utm_source=twitter&utm_medium=social&utm_term=scott+minerd&utm_content=macroeconomic+research&utm_campaign=macro+alert

BLS Inflation Data Release https://www.bls.gov/cpi/

Derek Moore's Book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547?ref_=nav_signin&