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05-13-2021, 08:35 AM

cardsagain74 cardsagain74 is offline

J0hn H@rper

Member

Join Date: Dec 2019

Posts: 921

Quote:

Originally Posted by sreader3

Inflation. Today’s CPI was 0.9% month over month, which extrapolated over 12 months means 11% annual inflation may be on the way.

You can't extrapolate it out like that (or even close). If that CPI number was thought to forecast even half that rate of upcoming annual inflation, stocks and bonds would've seen the likes of black monday yesterday

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