HomeMarketsFuturesInflation Rate Actually At 13%, How Low Can Stock Market Go
Inflation Rate Actually At 13%, How Low Can Stock Market Go

"CPI number that was released is softer than it should be due to the way it's calculated. Real home rent averages are up over 18%. The same thing can be said for home sale, food, and energy prices. The inflation rate is actually closer to 13%," says Michele Schneider. Can the supply side inflation be controlled by high interest rates? "Commodities are still low versus equities, which suggest a super cycle is on the way. Also, gold relative to the money supply is ridiculously cheap," Schneider adds.

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