| At 9.1% inflation, the market’s a dumpster fire. Welcome to Recessionville. US inflation has surged to 9.1%... the highest in 40 years. And the price increases over one year ago today, since the last CPI release, are as follows: Fuel Oil: +98.5% Gasoline: +59.9% Gas Utilities: +38.4% Electricity: +13.7% Food at home: +12.2% New Cars: +11.4% Overall CPI: +9.1% Transportation: +8.8% Food away from home: 7.7% Used Cars: +7.1% Shelter: +5.6% Apparel: +5.2% It’s getting out of control. The Fed’s attempt to restore order to the market could hike us straight into a depression. I break down how it could play out in this time-sensitive note: >>> Fed Policy Special Announcement: “HIKE IT AND LIKE IT” See, back when I was at Lehman, when the Fed hiked rates, we’d say, “hike it and like it.” But after the recent hike, we don’t like it. The market doesn't like it either. And with inflation numbers skyrocketing, there’s no end in sight. Hate to say it but the economic pain will continue. Click here and prepare yourself by reading this time-sensitive Fed Policy Announcement: HIKE IT AND LIKE IT. I’ve said this before, and I’ll say it again... I’m an optimist, but I’m preparing for the worst. So should you. Click here. 
Jared Dillian
Editor, The 10th Man
Mauldin Economics
| 