Anthony Pompliano
👤 SpeakerAppearances Over Time
Podcast Appearances
Yeah.
And I mean, rates, short rates have gone up.
We have Fed hikes starting to be built in.
I would be very surprised if we don't see inflation headline CPI above-
I'll put it as better than 40% chance that we're above five this year.
This year?
Oh, yeah.
Well, by the time we get to the middle of May and we get the report for April,
We will have headline inflation above four.
Not even a question that that will happen, certainly.
And the reason is because gas at the pump, plastic prices, airline, all of that stuff's going higher.
Fertilizer prices, you're going to see food go higher.
And that's all going to happen short term.
The import price inflation we just got.
for February.
Now I say February because oil prices were $66 for that month.
It was up 1.2% for the month.
So now, again, most of that was from electronics.
What people forget is DRAM prices are up 400%.
There's other components, all the peripherals and technology, all that optical fiber.