High for Even Longer (Not Talking About Strong Weed)

Peter Navarro’s Taking Back Trump’s America

Visit HTTP://PETERNAVARRO.SUBSTACK.COM FOR THE TRANSCRIPT AND GRAPH.

Hi. Peter Navarro here with this week’s market wrap for the week ending February 16, 2024. The most remarkable thing about this week is what almost happened but ultimately didn’t happen, which is to say a market crash. There’s the story:

Last Tuesday, the consumer price index came out unexpectedly hot. Consumer prices ran over 3% from a year earlier, significantly above expectations. As you can see from the chart below – podcast listeners please go to the substack to see this if you’d like – the S&P 500 promptly tanked.

LISTEN NOW FOR THE REST OF THE STORY. AND PLEASE WRITE A REVIEW!