CPI Preview: Autos and Energy Will Drive May Inflation

0It seems everyone in the financial press is talking about "Peak Inflation" lately. With the May Consumer Price Index (CPI) coming out tomorrow morning, let's look at what the numbers say. Based on my research, the CPI will be a tug of war between sharply lower inflation for durable goods, namely used cars and trucks, and sharply higher energy prices.

Chapters:
00:00 Intro
00:28 Lower Inflation Doesn't Mean Lower Prices
00:53 Bifurcated Inflation
02:54 April CPI Review
04:00 Food
05:34 New and Used Cars
07:45 Energy
10:08 Shelter & Owner's Equivalent Rent
12:40 My Estimate for Headline and Core CPI

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#inflation #CPI #MelonHead