“Bonfire of the Sanities” & Lingering Inflation

CPI and PPI show signs of lingering inflation – Feds will take notice, notes David Wright. He discusses economic trends driving the market and takeaways from this week’s inflation and consumer data. He talks about his book “Bonfire of the Sanities” which will be released December 12th. He highlights that consumer sentiment points to a weaker view of the economy. He goes over investment strategies to consider. He mentions that the Fed needs to be extremely cautious with their monetary policy for November and December. Tune in to find out more about the stock market today.