Saied, Chris and Haroon are back in the lab with a fun filled dive in to the wild swings of CPI, PPI and a full breakdown on whether or not this will ultimately influence the Fed's next meeting. The boys unpack some housing data and similarities to The Great Recession's housing market bubble and today.
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Consumer prices rose 0.4% in September, more than expected (CNBC)
September PPI inflation rises above expectations (The Kobeissi Letter via X)
Dollar steady on underlying moderate PPI data, dovish Fed officials (Reuters)
Incomes are falling in 17 states. Here's where Americans are falling furthest behind (CBS News)
The housing market looks like a bubble, 2008 regulator says (CNN)
Auto-loan interest rates are now at their highest since 2008 (The kobeissi Letter)
Housing industry urges Powell to stop raising interest rates or risk an economic hard landing (CNBC)
Wholesale inflation rose 0.5% in September, more than expected (CNBC)
Fed officials see ‘restrictive’ policy staying in place until inflation eases, minutes show (CNBC)
Bankman-Fried was very concerned about his image, including his big...