Inflation Stuck Above 3% Until THIS is Solved

You are receiving this email because you signed up to receive our free e-letter the Wealth Whisperer Inflation Stuck Above 3% Until THIS is Solved 08/14/2023 The Fed wants everyone to believe that it will deliver a soft landing. Yet even with six fingers on each hand… Jerome Powell can’t fool everyone! Source: Midjourney. People know the truth. The data is right in front of them. And despite wide smiles from financial pundits Thursday morning, that 3.2% inflation number wasn’t something to celebrate… … It’s a reminder of the new reality… … a reality that we’ll show you how to navigate with precision and profits. You see, beneath the headline numbers, shelter prices (AKA housing) made up 100% of inflation. Take out shelter, and the headline Consumer Price Index (CPI) would have actually been -0.36%. Our political elites want you to believe things are heading in the right direction. However, we’ll show you why that 3% number isn’t going away anytime soon, and quite likely, is the best we’ll see. SPONSORED CONTENT ["This Could be the Biggest Stock Story of 2023"]( A.I. is set to create $7 trillion in new wealth but most investors are buying the wrong stocks. [Learn what Wall Street insiders are buying here.]( [Click Here to Read More...]( Housing’s Perilous Position Jerome Powell hopes that by driving up interest rates he can make housing so unaffordable that people stop buying them. There’s just one problem with that… we don’t have enough homes. The latest data from the National Association of Realtors puts housing inventory of existing homes at 2.8 months -- where it’s been since February. In fact, from November through January, it was actually higher, around 3.4-3.5 months of inventory. That’s despite volume being down around 15% from last year. To give you an idea of how bad things are, since December, there have been roughly 850,000-950,000 single-family homes sold each month, equating to about 3.7 million homes sold annually. Before the pandemic, that number was over 5.0 million. So, what’s behind this challenge? On the demand side, we have more folks working from home, shifting demand away from commercial real estate in favor of home offices. And yes, some companies are looking at converting office buildings into condos. But the bigger issues are total construction and concentration. We all know the economy ground to a halt in 2020. To this day, we have yet to reach pre-pandemic construction levels, let alone make up for the inventory we didn’t build. What’s stopping us? Initially, it was product supply. That’s been alleviated for the most part. But the bigger issues are on the supply side: not enough construction and too much population concentration. Now, we can’t find enough workers to fill the jobs. Unfortunately, rather than reform and regulate our immigration system, any crackdown on illegal labor pulls out workers we need. But don’t let folks fool you. Construction labor isn’t about letting everyone through the front door. These are skilled labor jobs that require training and teaching. The other problem is the concentration of movement out of blue states in the North and into red Southern states. We can’t imagine why someone might want to leave New York for Florida or Texas… do you [sarcasm]? [Millionaires Will Be Minted OVERNIGHT]( Legendary tech futurist who predicted the rise of Amazon, Netflix, and Apple YEARS in advance now says: “The biggest, most profitable technological advances in the future will ALL stem from this single breakthrough. Millionaires will be minted overnight.” [He’s revealing EVERYTHING here.]( [Click Here to Read More...]( Investing in the New Normal Suffice to say, the Fed can either take rates up high enough to choke off demand, which would tank the economy, or deal with 3% inflation. Yet, if things like energy pulled down inflation last month, and commodity prices are now rising, do you really think 3.2% will be the low? The way we see it, the Fed is going to have to raise interest rates unless the demand for everything else falls off a cliff, which seems unlikely. Short-term treasuries, yielding close to 5.5%, do offer real rates of return compared to checking accounts. However, money market funds can be a little easier to access for those seeking liquidity. There are also healthy dividend payers like Verizon (VZ) and Altria (MO), which spew cash at nearly 10% every year between dividends and share buybacks. But if the Fed starts to raise interest rates again, which we expect, then high multiple stocks are likely to see the most significant drops. Plus, the data underlying the options market suggests that big money managers aren’t hedging for any downside price action. That exposes them to "CYA" selling if and when the market drops, creating a vacuum of buying pressure. [Ultra-Rich Love These Forecasts Outperforming the S&P]( Since the late-1980s, VantagePoint has continually perfected its artificial intelligence to help you find market reversals (with up to 87.4% proven accuracy.) [Attend Our Live (free) A.I. Market Training >>]( [Click Here to Read More...]( In a nutshell, folks aren’t prepared for a market drop. If we get one, you can bet there will be some serious panic selling. That’s where the best opportunities lie… if you’re prepared for them. Now, we know that many of you aren’t interested in taking tons of risks. But what if all you needed were a few strategically placed bets to cash in on the coming volatility? Better yet, what if all it took to outperform the market was a portfolio of just three stocks? That might sound like a load of poppycock. But seeing is believing. And we’ve got the goods to back it up. [Click Here to See for Yourself.]( To Your Wealth, The Wealth Whisperer Team About Us: Eagle Financial Publications is located in Washington, D.C. – only a few blocks from the Capitol. Our products have been helping investors build their wealth for several decades. Whether you’re a long-term investor or short-term trader, you’ll find the right strategy for you, including how to earn more steady income to spend now, preserve and grow your capital to enjoy later, and whatever other investment goals you have. 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