July CPI release points to hyperinflation, not peak inflation at 5.4% – Todd Horwitz

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July's consumer price index (CPI) information was launched Wednesday, with heading CPI can be found in at 5.4%, the very same analysis as June's. Todd Horwitz, chief market planner at BubbaTrading.com, claimed that this is not the peak.

" I believe it's going to obtain a lot higher. I think we remain in a lot of trouble because of the policies of the Management that's in power as well as obviously, the Federal Reserve," Horwitz informed David Lin, anchor for Kitco Information.

Follow David Lin on Twitter: @davidlin_TV ()
Comply With Todd Horwitz on Twitter: @Bubba_Trading ()

0:00 – Rising cost of living
4:35 – Rate of interest
6:45 – Facilities expense
8:09 – Labor force
16:45 – Gold
18:40 – Stock exchange

#inflation #economy #gold
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