Name: Shipping Costs Twice As High As 2019 | April Inflation To Be A Big Number
Uploaded: 2022-03-23T15:00:16.816
Duration: 8 min 55 s

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I think the inflation number in April will be a big number, says Kurt Nelson, Founding Partner &amp; CEO SummerHaven. He discusses how the Russia-Ukraine conflict affects wheat. He explains how Japan imports almost all its raw materials. He points to high shipping costs being twice as much as 2019, as well as shipping being slower, both leading to higher prices and higher inflation. He discusses the steep appreciation in homes and says that is not part of CPI.