Over the weekend, the Cleveland Fed released its media Consumer Price Index (CPI) data for December 2017.
The result? The Median CPI rose 0.3% in December, an annualized rate of 3.5%.
Put simply, core inflation is rising rapidly… and the Fed is WAY behind the curve.
Small wonder the US Dollar is collapsing, breaking through critical resistance.
The BIG PICTURE chart is even uglier, suggesting the $USD is going to crash to the mid-80s soon.
Put simply, the $USD is forecasting a SEVERE inflationary shock is coming shortly.
And it’s going to blow up the Everything Bubble.
On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s in terms of Fed Policy when The Everything Bubble bursts.
It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:
Chief Market Strategist
Phoenix Capital Research