MONEY & MARKETS • PURCHASING POWER & INFLATION
The BLS releases the September CPI this morning, and forecasters expect something near 3.7%. That would make it 67 months in a row above the Fed’s 2% target. The last time your dollar wasn’t losing ground to prices… February 2021. Gas was $2.46 a gallon. A dozen eggs cost $1.60. Since then, CPI peaked at 9.1%, crashed back, and settled into a range that’s still nearly double the target. The Fed just hiked rates to 4% last month. And the streak keeps running.
Act on Musk's prediction before November 11
He says 99% of compute will go to THIS
Elon Musk just made a shocking prediction.
He said 99% of compute long-term will be for a new kind of AI.
And one tiny company holds 150 patents on the tech that makes it possible.
OpenAI, Microsoft, IBM, AMD, and Amazon have all signed multi-billion-dollar deals with the little-known company.
And I believe this company is in a similar position to Nvidia…
When I recommended it in early 2016…
Before it soared 37,800%…
And gave my readers the chance to turn $5,000 into $1,895,000.
If this stock goes the same way, which I believe it will…
It could be the only stock you need to retire.
P.S. Don’t delay, I believe this company is about to announce its biggest deal ever on November 11. Click to get all the details before it’s too late.
Five and a half years of missing the same target, and this morning’s report is about to make it 67.
