Episode Transcript
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Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.
Speaker 2 (00:16):
Could be me, call me crazy, but oh looking at
inflation is coming down, Yeah, cooler than expected. Core reading. Yeah,
we're seeing you know, there's a drop in airline prices.
Delta said that domestic demand has softened a little bit.
Shelter prices continuing to ease, smallest gain since December of
(00:41):
twenty twenty one. You're also taking a look at energy prices,
food prices. Steps in the right direction when it comes
to inflation, and I think we're going to continue to
see more and more of this. Why are we going
to see more and more of this? Well, again, you
get energy prices down, continues to work its way through
(01:02):
the economy, you get rid of regulations. It's going to
be helpful where we're going to be running into the
problems right now. And again, if you read any of
these inflation reports right now, they're always coupled with the
fact that, well, we don't know what's going to happen.
We don't know what's going to happen because g Whiz
Trump's terrorists first and foremost. And again I've explained this before.
(01:23):
Inflation is purely a monetary thing. It is what it is.
It's monetary. Prices can go up and down for a
myriad of different reasons. You can't call it inflation. It
can go up because there is a greater demand and
lower supply. You can go up because input costs are more.
(01:49):
When you have too many dollars chasing too few items,
that's inflationary. And that's what happens when the government prints
exorbit amounts of money, and whether the COVID five year
anniversary today, I don't even like being reminded of that
and just drops money all over the country, or the
government engages in ridiculous spending. It's problematic, and that's what's
(02:13):
led to these higher prices over time. I do believe
that these steps that the administration is taking will lead
to lower prices little by little, little by little. The
trends look good, and they're expecting much lower numbers going
into March. What will that do? What does that mean
(02:36):
for the Federal Reserve? Are they going to come in
and are they going to lower rates again? Possibility, possibility.
The prediction is more towards May and June. We don't know.
We don't know, but could be me calling me crazy.
The Federal Reserve did lower rates by one hundred basis points,
and we were scratching our heads why based upon the
(02:58):
numbers at that point point in time. The actions by
the Trump administration have done more to lower interest rates
than anything that the Fed has done. So again, I
keep doing what you're doing, Keep doing what you're doing,
(03:19):
keep looking to cut costs. And again, once once the
world recognizes g whiz the United States might be fiscally sane,
it's going to change the dynamic and it's going to
bring our borrowing costs down. Watchdog on Wallstreet dot com