Talking Like Volcker, Channeling Burns (guests: Rob Arnott, Brent Kochuba)
The Market Huddle
00:00
The Nature of Inflation Is Moderating
The true underlying inflation is a lot higher than what's been reported. I think people just don't understand those nuances. Talked to fed watchers on wall street i and these are folks a making seven digit icomes for prognosticating. And one of them earlier in the year said, a, owner's equivalent rentll be back down to three % by the end of the yeara,. So you've got a, a widespread view that is unduly simplistic, that pays attention to ... things like gasolene prices which have tumbled since their april his or mayhis.
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