E.J. Antoni

My pleasure. Thanks for having me.

My pleasure. Thanks for having me.

No, we've actually gotten very, very good inflation numbers, in part because when we look at these tariffs, a lot of them haven't even been implemented. Just the threat of the tariffs alone was enough to bring countries to the table and to kind of get everyone to call a truce. If you do get into some kind of really prolonged, protracted, I should say, trade war,

No, we've actually gotten very, very good inflation numbers, in part because when we look at these tariffs, a lot of them haven't even been implemented. Just the threat of the tariffs alone was enough to bring countries to the table and to kind of get everyone to call a truce. If you do get into some kind of really prolonged, protracted, I should say, trade war,

No, we've actually gotten very, very good inflation numbers, in part because when we look at these tariffs, a lot of them haven't even been implemented. Just the threat of the tariffs alone was enough to bring countries to the table and to kind of get everyone to call a truce. If you do get into some kind of really prolonged, protracted, I should say, trade war,

then sure, you might end up seeing some of those price increases. But as of right now, that's not what's happening at all. And it's so ironic, Vince, the exact same people who for years told us Biden's policies aren't going to cause any inflation, right? And then obviously it did. Now tell us Trump's policies are going to cause all kinds of inflation.

then sure, you might end up seeing some of those price increases. But as of right now, that's not what's happening at all. And it's so ironic, Vince, the exact same people who for years told us Biden's policies aren't going to cause any inflation, right? And then obviously it did. Now tell us Trump's policies are going to cause all kinds of inflation.

then sure, you might end up seeing some of those price increases. But as of right now, that's not what's happening at all. And it's so ironic, Vince, the exact same people who for years told us Biden's policies aren't going to cause any inflation, right? And then obviously it did. Now tell us Trump's policies are going to cause all kinds of inflation.

These people are just perpetually wrong, but never in doubt.

These people are just perpetually wrong, but never in doubt.

These people are just perpetually wrong, but never in doubt.

Yeah, absolutely. In fact, depending on which metric you want to use, some of it show this happened for the month of March, others for the month of April. So it just depends on which individual metric. We actually have a lot of different ways to measure inflation. But several of them now have showed prices actually declining. In other words, inflation went negative.

Yeah, absolutely. In fact, depending on which metric you want to use, some of it show this happened for the month of March, others for the month of April. So it just depends on which individual metric. We actually have a lot of different ways to measure inflation. But several of them now have showed prices actually declining. In other words, inflation went negative.

Yeah, absolutely. In fact, depending on which metric you want to use, some of it show this happened for the month of March, others for the month of April. So it just depends on which individual metric. We actually have a lot of different ways to measure inflation. But several of them now have showed prices actually declining. In other words, inflation went negative.

So we talk about inflation a lot and say, OK, inflation came down. What does that mean? Right. It just means that prices are going up slower than they were before. So it's like if you're driving along in your car, your speedometer is showing you the inflation rate, how fast you're going down the road. The mile markers on the side of the road are showing you how far along you are.

So we talk about inflation a lot and say, OK, inflation came down. What does that mean? Right. It just means that prices are going up slower than they were before. So it's like if you're driving along in your car, your speedometer is showing you the inflation rate, how fast you're going down the road. The mile markers on the side of the road are showing you how far along you are.

So we talk about inflation a lot and say, OK, inflation came down. What does that mean? Right. It just means that prices are going up slower than they were before. So it's like if you're driving along in your car, your speedometer is showing you the inflation rate, how fast you're going down the road. The mile markers on the side of the road are showing you how far along you are.

So if you slow the speed of your vehicle down, you're still going forward. Yes. Right. That means the mile markers continue going up. So, yes, inflation has come down, but prices are still rising. So what we saw again in either April or March, depending on which metric you want to use, is that some prices were actually going down. That's phenomenal news.

So if you slow the speed of your vehicle down, you're still going forward. Yes. Right. That means the mile markers continue going up. So, yes, inflation has come down, but prices are still rising. So what we saw again in either April or March, depending on which metric you want to use, is that some prices were actually going down. That's phenomenal news.

So if you slow the speed of your vehicle down, you're still going forward. Yes. Right. That means the mile markers continue going up. So, yes, inflation has come down, but prices are still rising. So what we saw again in either April or March, depending on which metric you want to use, is that some prices were actually going down. That's phenomenal news.