Arun Sundaram

I heard the word hot from a bunch of economists about tomorrow's inflation data, and not in a good way.

That's Arun Sundaram at CFRA Research, Joe Bursuelas at consulting firm RSM, and Jay Hatfield at Infrastructure Capital Advisors.

Difference now is that the Iran war is also affecting other key economic inputs.

It's not just an energy price shock.

That excludes food and energy.

But it's what Joe Brusuelos at RSM expects to see in coming months.

U.S.

consumers, meanwhile, are increasingly convinced higher inflation is back.

Joanne Xu at the University of Michigan Consumer Surveys says folks are bracing for...

If headline inflation comes in as high as expected for April, it will more than outpace average wage gains over the past year, says RSM's Joe Brusuelos.

The only thing worse than a private company doing this is no one doing this at all.

We don't.

Because of what Amazon has been doing, what Walmart and Target have been offering, those expectations have gone up.

We're going to be building out data centers for a long time to come.

We're going to be building out data centers for a long time to come.

November was a stronger than expected month.

November was a stronger than expected month.

Retail sales were up 0.6% from October to November.

Retail sales were up 0.6% from October to November.

And so that sort of explained why maybe we saw some flat growth in December.