In this episode, I analyze the December 2024 U.S. Consumer Price Index report that came out Friday. Inflation rose to 2.9%, led by energy prices and steady food costs. While core inflation eased, sticky categories like shelter and transportation are still a concern. Discover what these trends mean for your wallet and the broader economy.
Also in this episode:
- Businesses and unions in Canada unite to form the Canada-U.S. Trade Council, aiming to address potential job losses and trade tensions under Trump's proposed tariffs.
- Economist David Rosenberg warns U.S. stocks are dangerously overvalued, driven by unrealistic earnings growth expectations and high concentration in mega-cap tech.
This content was originally posted on the Beavis Wealth YouTube Channel