October 2022 Inflation Comes In Lower At 7.7%-Wall Street Has Huge Gains-Don't Let Them Distract You

The October CPI came in at 7.7%, .2% lower than expectations and a bit lower than September. For some reason this set Wall Street on Fire and the stocks, metals, etc. all had HUGE gains. BUT inflation is still 7.7% (using their rigged formula) and basically steady from last month. In addition, this is a 7.7% increase over last years 6.2% CPI... They are distracting you from other things like the midterm election results, Russian war, out of control spending. Don't be fooled into thinking the recession is over, the economic collapse is canceled, and all is back on tract....its still all happening. Stay focused and stay prepared. Keep Your Ear to the Ground, and Head on a Swivel!

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#cpi #inflation #recession