31 min
Ep. 26 - Inflation: The Good, the Debt, and the CPI What's Your 1 More?
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- Investing
Every single household in America is being affected by these numbers. Join Alex and me as we dive into the latest Consumer Price Index (CPI) readings and their impact on inflation. We’ll discuss the Federal Reserve's target inflation rate and how their decision-making is being affected by lagging data. We also take a peak under the hood of consumer credit card debt in America, how Covid-19 has only exacerbated this issue, and why it’s reaching levels of our national all-time high of $927 billion.
Numbers tell a story. So let’s jump in and uncover what is going on with Inflation as we start Q1 of 2023.
[00:01 - 06:01] CPI reading for January 12th: total vs. core will be the decider of change
[06:02 - 11:44] Certainty enters the market as core reading comes in as expected, but uncertainty looms with the June CPI forecast
[11:45 - 21:05] Exploring what’s driving consumer credit card debt to reach all-time highs—currently $925 billion and rising
[21:06 - 31:02] Could refinancing be the solution to rising consumer debt? Take advantage of real estate opportunities now
Quotes:
“When prices come down, you can sell more… then the economy can grow” - Alex Stewart
"People are going to need help… There's going to be a refinance rise that happens out of this." - Quinton Harris
Resources Mentioned:
The Market Distillery
Want to continue the conversation? Connect with us on Facebook, Twitter, and Instagram. Be sure to follow us on YouTube for highlights and full video episodes.
Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.
Be sure to Subscribe, Share, and Leave a Review to let us know you want to keep the content coming.
Every single household in America is being affected by these numbers. Join Alex and me as we dive into the latest Consumer Price Index (CPI) readings and their impact on inflation. We’ll discuss the Federal Reserve's target inflation rate and how their decision-making is being affected by lagging data. We also take a peak under the hood of consumer credit card debt in America, how Covid-19 has only exacerbated this issue, and why it’s reaching levels of our national all-time high of $927 billion.
Numbers tell a story. So let’s jump in and uncover what is going on with Inflation as we start Q1 of 2023.
[00:01 - 06:01] CPI reading for January 12th: total vs. core will be the decider of change
[06:02 - 11:44] Certainty enters the market as core reading comes in as expected, but uncertainty looms with the June CPI forecast
[11:45 - 21:05] Exploring what’s driving consumer credit card debt to reach all-time highs—currently $925 billion and rising
[21:06 - 31:02] Could refinancing be the solution to rising consumer debt? Take advantage of real estate opportunities now
Quotes:
“When prices come down, you can sell more… then the economy can grow” - Alex Stewart
"People are going to need help… There's going to be a refinance rise that happens out of this." - Quinton Harris
Resources Mentioned:
The Market Distillery
Want to continue the conversation? Connect with us on Facebook, Twitter, and Instagram. Be sure to follow us on YouTube for highlights and full video episodes.
Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.
Be sure to Subscribe, Share, and Leave a Review to let us know you want to keep the content coming.
31 min