Chapter
Inflation and Energy Costs on the Rise
36:28 - 41:14 (04:46)
As inflation rates continue to exceed expectations, there is growing concern about the potential for interest rate hikes. Additionally, the year over year increase in energy costs is causing significant economic strain, harkening back to similar situations in the 70s and 80s.
Clips
The drastic increase in the cost of gas, oil, and energy has led to a 40% year over year rise in prices, resembling the inflation rates of the 70s and 80s.
36:28 - 37:59 (01:31)
Summary
The drastic increase in the cost of gas, oil, and energy has led to a 40% year over year rise in prices, resembling the inflation rates of the 70s and 80s. The core index has peaked at 6.5% in March, causing widespread pain for individuals and businesses alike.
ChapterInflation and Energy Costs on the Rise
EpisodeE87: Emerging markets, Sri Lanka, 9.1% CPI, market sentiment, NASA's Webb telescope & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The recent inflation print was higher than expected leading to discussions about a potential interest rate hike of 75 basis points or possibly more in the near future.
37:59 - 39:02 (01:02)
Summary
The recent inflation print was higher than expected leading to discussions about a potential interest rate hike of 75 basis points or possibly more in the near future. This is due to rents being under-reported and expected to increase in the coming months, along with a slight fall off in energy prices not having a significant impact on inflation.
ChapterInflation and Energy Costs on the Rise
EpisodeE87: Emerging markets, Sri Lanka, 9.1% CPI, market sentiment, NASA's Webb telescope & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Inflation print causes expectation for July to increase, as Canada surprises everyone with a 100 basis point increase in their benchmark interest rate.
39:02 - 41:14 (02:12)
Summary
Inflation print causes expectation for July to increase, as Canada surprises everyone with a 100 basis point increase in their benchmark interest rate. Fed minutes suggest a possible interest rate increase by the Fed as well.