Despite recent headlines from mainstream financial media claiming inflation was “cooler than expected,” Hedgeye CEO Keith McCullough set the record straight on The Macro Show this morning.
He emphasized that inflation remains persistently high and continues to negatively impact everyday living costs for people.
“There’s plenty of evidence to maintain our inflation outlook,” McCullough explained. “The cost of living is cumulative. Today’s inflation figure is actually 21.2% higher than it was three years ago.”
McCullough’s analysis highlights the disconnect between media narratives and the real economic pressures facing consumers.
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