Me and the Money Printer

Me and the Money Printer

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Me and the Money Printer
Me and the Money Printer
Republic Risk: Trade Wars, Game Stop, and Hot Inflation
The Capital Wave Report

Republic Risk: Trade Wars, Game Stop, and Hot Inflation

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Garrett Baldwin
May 14, 2024
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Me and the Money Printer
Me and the Money Printer
Republic Risk: Trade Wars, Game Stop, and Hot Inflation
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GREEN on the S&P 500 and GREEN on the Russell 2000

The Producer Price Index (PPI) came in way hotter than expected, raising the prospect of Zombie Inflation that leaves the Federal Reserve powerless to stop it. The PPI was up 0.5% for April, well above economists’ expectations of 0.3%. This implodes the narrative that the Federal Reserve will start cutting rates this summer. Here we go again.

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