Inflation Rattles Wall Street

CPI comes in hotter than forecasted … how AI will lead to massive wealth concentration … will the future be utopian or dystopian? … leveraging AI for lifechanging portfolio returnsInflation didn’t do what Wall Street wanted this morning.The Consumer Price Index rose 0.3% in January and 3.1% year-over-year. Both readings were higher than the respective forecasts of 0.2% and 2.9%.Core CPI, the Fed’s preferred measure of CPI which strips out volatile food and energy prices, also topped expectations. It was up ...