Travis Hoium

Energy was up.

Food was up.

Services are up.

This seems like it's only going to make that CPI number that we talked about in the first segment worse, but we haven't quite even seen this flow through yet.

These are the weird disruptions that we had during the pandemic that we didn't realize were going to have a huge impact.

But it's some, you know, small product that it's kind of breaking the supply chain.

Yeah, Rachel, I want to add commodities into this.

Tyler kind of alluded to this, but some of these numbers, if you look at the year over year changes, are absolutely crazy.

Crude oil, we know that's up a little over 60%.

Gasoline up 71%.

But if we go to something like metals, silver is up 170%.

Lithium, you know, lithium ion batteries up over 200%.

You go to food, wheat is up 27%.

That's a smaller number, but that's actually making its way into those food prices that we talked about earlier.

Wool, up 58%.

This is not the same as a year ago when we were talking about inflation because there was going to be tariffs.

Tariffs, you could go, well, it's a little bit of take money from your left pocket and put it in your right pocket.

Maybe there's a little bit of a jobs benefit for the US economy.

If those jobs are being pulled back, you can kind of move things around

It's much harder to move things around when your core raw materials are going up in price astronomically.