Consumer prices rose less than expected in April

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  • Опубліковано 14 тра 2024
  • CNBC’s Rick Santelli joins ‘Squawk Box’ to break down April’s CPI data.

КОМЕНТАРІ • 184

  • @eabhaconnor2
    @eabhaconnor2 24 дні тому +234

    They raise interest rates, but then continue their obscene overspending and money printing. Such a mess

    • @davidbenett1
      @davidbenett1 24 дні тому +2

      They stopped printing money when they started hiking interest rates. That's the literal meaning of quantitative tightening.

    • @michealpnoel
      @michealpnoel 24 дні тому

      yes, my point being why go through this process if you will continue overspending and devaluing the dollar either way. It’s a mess, we wouldn’t be in this spot if our government could run a budget. On a personal note I've worked closely with my advisor to grow my portfolio from $200k to $4.8 million through stock trading because as a businessman, I prefer to invest my money rather than let it sit idle and lose value over time due to inflation.

    • @stevenorris1
      @stevenorris1 24 дні тому

      Despite the ups and downs in the stock market, you've managed to turn your investments into good profits. Could you share the name of your advisor? I have $300k saved up and ready to invest. Letting money sit idle isn’t my style as well, I’d rather put it to work and keep it growing.

    • @michealpnoel
      @michealpnoel 24 дні тому +2

      She is well known as - Chasity George Charles. please do your own research.

    • @stevenorris1
      @stevenorris1 24 дні тому

      I am on the look out for experts and after doing my research online will say she meets my requirements, Thank you for sharing with us. I already sent her a mail hoping she can make out time in her busy schedule to assist me.

  • @headspaceandtiming2114
    @headspaceandtiming2114 25 днів тому +44

    If it’s going up, it’s not going down. Prices will continue to go up.

    • @daaaaaave
      @daaaaaave 25 днів тому +3

      When prices go down, it generally leads to tons of layoffs. This is why the Fed aims for around 2% annual inflation.

    • @theunbearablebull
      @theunbearablebull 25 днів тому

      Some of you are so stupid it's kind of wild

    • @headspaceandtiming2114
      @headspaceandtiming2114 25 днів тому +1

      @@daaaaaave Deflation can be as bad a inflation. It may be necessary to end this cycle. US increased wages are mainly because of government spending, subsidies and government jobs. Causing consumers to keep spending and inflation to persist. The cycle needs to be broken. And that will be painful for most people who aren't ready. And most are not.

    • @DicksonMaimouth
      @DicksonMaimouth 25 днів тому +2

      Prices always increase. It’s just the rate they increase that’s important.

    • @ryen7512
      @ryen7512 25 днів тому

      some things will deflate and they need to. Some prices are unsustainable.

  • @alhampton1211
    @alhampton1211 25 днів тому +5

    WHY IN THE HELL DOES THE CPI NOT INCLUDE FOOD AND FUEL??

    • @angrybeaver6667
      @angrybeaver6667 25 днів тому +1

      because they are too volatile to accurately measure anything

    • @optimumgaming7404
      @optimumgaming7404 25 днів тому +3

      because that would make things seem as bad as they really are and the stock market is a scam center.

    • @alhampton1211
      @alhampton1211 25 днів тому +1

      @@angrybeaver6667 I am smiling, and I hope you are repeating the logic from a bureaucrat. I’ve, luckily, never seen an angry beaver.

    • @angrybeaver6667
      @angrybeaver6667 25 днів тому

      @@alhampton1211 90s nickelodeon cartoon, im in my mid 30s so thats what i grew up on. cheers!

    • @tongtongwang
      @tongtongwang 25 днів тому

      They said is so volatile

  • @ForwardThinkingIncome
    @ForwardThinkingIncome 25 днів тому +3

    Our car insurance rose 9.1% in six months. No insurance claims or changes. Property tax over a couple years went up a lot too. Ridiculous

  • @GadreEl777
    @GadreEl777 25 днів тому +6

    Trying to salvage Brandon? I don’t think anyone is fooled.

  • @vikingraiders6703
    @vikingraiders6703 25 днів тому +25

    Let me fix your headline, CONSUMER PRICES ROSE 3.4% in April

  • @georgepapaduke9560
    @georgepapaduke9560 25 днів тому +3

    Does anybody remember what the cost of living was just a mere four years ago?

  • @bioboost12
    @bioboost12 25 днів тому +3

    It really doesn't matter what he says because everyone sees it and feels it regardless of what they say.

  • @Nurii07
    @Nurii07 25 днів тому +2

    Thanks for the update!

  • @Watcher1-jr5lo
    @Watcher1-jr5lo 25 днів тому +35

    When all else fails, lie.

    • @JonStark117
      @JonStark117 25 днів тому +3

      *So the same metrics that were used for Trump during 2017-19 were also a lie?🤦🏼‍♂️😂*

    • @DicksonMaimouth
      @DicksonMaimouth 25 днів тому +1

      @@JonStark117 they don’t mind those countless lies. Those lies confirm their biases.

    • @helldeirch
      @helldeirch 25 днів тому

      you did your research and found out the numbers are wrong?

  • @freedomw21
    @freedomw21 25 днів тому +17

    They really talk to as if we are fools. Inflation is still rising, rates are still too low. Powell needs to raise rates.

    • @JonStark117
      @JonStark117 25 днів тому +5

      *Thank you for telling us you know nothing about economics.*

    • @special_economy707
      @special_economy707 25 днів тому +3

      He’s right, it’s you that knows nothing about economics.

    • @hokeypokeypo
      @hokeypokeypo 25 днів тому

      ​​@@JonStark117you made your point, but about yourself not freedomw21...LOL!

    • @invisiblesun6595
      @invisiblesun6595 25 днів тому

      @@JonStark117 👈Wall street weenie spotted

    • @Alpharizzchad
      @Alpharizzchad 25 днів тому

      Dollar is going down. That makes American products able to buy them price goes down

  • @invisiblesun6595
    @invisiblesun6595 25 днів тому +2

    3.4% is an increase, forget the little spin you want to place on it. But whatever, know what this means? Means its time for Feds to RAISE interest rates. Probably won't raise it more than .75% but won't exactly crash the market, either.

  • @lulubelle551
    @lulubelle551 25 днів тому

    Thank You Rick Santelli for the perfect take on the numbers as usual! Rick Santelli is the best in the business. CPI index is a new all time high. That's important!

  • @briankoshefsky5916
    @briankoshefsky5916 25 днів тому +4

    Right lol yep this is the best economy ever 🤔😂

  • @fgreen411
    @fgreen411 25 днів тому +3

    But its still rising too fast.

  • @Fear.of.the.Dark.
    @Fear.of.the.Dark. 25 днів тому +1

    0.3% MoM increase is still 3.6% Y/Y. I am not sure how that shows inflation is heading to 2% Y/Y

  • @bryannelson7612
    @bryannelson7612 25 днів тому +3

    Didnt the ppi just came it hot 😂😂😂 how is inflation cooling

  • @StillPlaysWithModelTrains1956
    @StillPlaysWithModelTrains1956 25 днів тому +18

    My ass! I'm spending more money on Groceries than I was four years ago...

    • @juicewrld9867
      @juicewrld9867 25 днів тому +4

      Agreed im sick of it too it will be the reason i change my vote to anything but joe biden this year .

    • @AnthonyMartinez-fx8pr
      @AnthonyMartinez-fx8pr 25 днів тому

      They do not include Gas or Groceries in these numbers and never have. That's why there are the reported numbers and the real cost of living. A political game they play to try and make people believe things are better than they are. Normally he will tell you both numbers.

    • @theunbearablebull
      @theunbearablebull 25 днів тому +1

      I'm not. You aren't bright are ya

    • @bioboost12
      @bioboost12 25 днів тому +2

      ​@theunbearablebull Aren't? Sure, if you grow your own. It's clearly more expensive..I guess people making videos daily talking about how they're barely surviving these days compared to before is a lie.

    • @hokeypokeypo
      @hokeypokeypo 25 днів тому

      ​@@theunbearablebullmove along mook! LOL!

  • @damham5689
    @damham5689 25 днів тому +2

    "...their entire unfitness to govern the country, and ... the lasting damage they do by much of what they think are the legitimate big business operations of the day"
    -President Theodore Roosevelt speaking of the rich. 1907

  • @AndresRoger-ke3wn
    @AndresRoger-ke3wn 25 днів тому

    Tracking Revux development - impressed with the progress!

  • @yanceyquezada6023
    @yanceyquezada6023 25 днів тому +7

    So comical. They really think we are stupid lol

    • @nikitamcconnell8027
      @nikitamcconnell8027 25 днів тому

      What’s your point?

    • @yanceyquezada6023
      @yanceyquezada6023 25 днів тому

      @nikitamcconnell8027 That they think we are stupid! Much love!

    • @nikitamcconnell8027
      @nikitamcconnell8027 25 днів тому

      @@yanceyquezada6023 can you elaborate on the matter? Who they? Why they think that? What’s their purpose?

  • @maxmd113
    @maxmd113 24 дні тому

    Less than expected!? Forecast were 0.2, consensus was 0.3, than actual 0.5

  • @user-vb5in3pu3s
    @user-vb5in3pu3s 25 днів тому +4

    Good deal that it's going down. Oil prices are falling it's probably accurate. May mean a future rate cut though which the fed will have to throw cold water on. Higher for longer with inflation falling

    • @bioboost12
      @bioboost12 25 днів тому +1

      It didn't go down. It just didn't go up as much. It's not going down.

    • @utubeisfake
      @utubeisfake 25 днів тому

      @@bioboost12 what direction is it moving my guy??? from last month......

    • @bioboost12
      @bioboost12 25 днів тому

      @@utubeisfake Again, inflation is still rising..meaning more expensive. The rate has slowed but inflation hasn't gone down. Inflation is caused by printing of money which is crazy because if we did it we'd be in jail. Then comes a deficit which turns into inflation.

    • @hokeypokeypo
      @hokeypokeypo 25 днів тому

      No.rate.cut.in.2024!

    • @utubeisfake
      @utubeisfake 25 днів тому

      @@bioboost12 oh i agree with you 100 percent, its because of corruption, and stupididy....but its still moving in what direction? it doesnt matter how many cuts..... he could do 1 cut for .75 instead of 3 cuts at .25.... as long as it is going in that direction....and honestly i hope our econmy keeps going strong....people dont realize all the heart aches that come with the cuts...

  • @VictorWilliam-vw4rc
    @VictorWilliam-vw4rc 25 днів тому

    Increased my holdings in Revux. Feeling confident about this one!

  • @DarylRobert-gy9nx
    @DarylRobert-gy9nx 25 днів тому

    For a solid x100, Revux should be on your radar!

  • @LindaVilma-rp9ey
    @LindaVilma-rp9ey 25 днів тому

    Seeing Revux as a long-term hold with great fundamentals!

  • @chuyenpham3336
    @chuyenpham3336 25 днів тому

    Greattt

  • @JosephBilly-sg3ii
    @JosephBilly-sg3ii 25 днів тому

    Learning more about Revux makes me even more bullish.

  • @thereasonableconsumer
    @thereasonableconsumer 25 днів тому +2

    This news story has to be the most idiotic take on inflation ever. Who are they paying to make this garbage?

    • @JonStark117
      @JonStark117 25 днів тому +1

      *It’s based off of actual statistics and facts…unlike your opinion.*

    • @hokeypokeypo
      @hokeypokeypo 25 днів тому

      ​@@JonStark117you keep clowning yourself! Stop! Too funny!!!! LOL!!!

    • @optimumgaming7404
      @optimumgaming7404 25 днів тому

      @@JonStark117 they keep revising these "facts"

  • @williamcarl4200
    @williamcarl4200 25 днів тому +25

    So, let me try to understand. Instead of the price going up 10 bucks, it only went up 6 bucks. This is good news because I just saved 4 bucks? Is this how propaganda works???

    • @juicewrld9867
      @juicewrld9867 25 днів тому +2

      Yep , they tell you what to think then call you crazy when you are able to critique the math/problem/opinion they got wrong.

    • @DicksonMaimouth
      @DicksonMaimouth 25 днів тому +2

      No. Prices always increase. The rate that they increase is inflation. You don’t want deflation. Then mass layoffs occur and you’ll cry even harder for that.

    • @williamcarl4200
      @williamcarl4200 25 днів тому +1

      @@DicksonMaimouth You mean, like the ones occurring in california and new york? They think things are great too.

    • @DicksonMaimouth
      @DicksonMaimouth 25 днів тому +1

      @@williamcarl4200 No. I mean exactly what I said.

    • @charlesgoodspeed3474
      @charlesgoodspeed3474 25 днів тому

      @@DicksonMaimouth Was your school bus full size?

  • @JeffreyJohn-jz2wo
    @JeffreyJohn-jz2wo 25 днів тому

    Revux low presale price is a steal. Time to load up!

  • @StevenChung-fn8xg
    @StevenChung-fn8xg 25 днів тому

    Revux making moves quietly - keep an eye on it!

  • @GregLionProductions
    @GregLionProductions 25 днів тому

    🔥🔥🔥....this is fine..... 🔥🔥🔥🔥🔥

  • @Bobo-hd6qn
    @Bobo-hd6qn 25 днів тому

    Still going up

  • @damham5689
    @damham5689 25 днів тому

    "It may well be that the determination of the government...to punish certain malefactors of great wealth, has been responsible for something of the trouble; at least to the extent of having caused these men to combine to bring about as much financial stress as possible, in order to discredit the policy of the government and thereby secure a reversal of that policy, so that they may enjoy unmolested the fruits of their own evil-doing"
    -President Theodore Roosevelt. 1907

  • @ssuwandi3240
    @ssuwandi3240 25 днів тому

    So where's Build Back Better? Anyone can share their experiences? What have the rest missed out pf BBB?

  • @briantep458
    @briantep458 25 днів тому

    when it get to 2%, markets will be 50% higher

  • @AH-fm7rj
    @AH-fm7rj 25 днів тому +3

    FED/ECB should cut soon. Here in Germany, production is getting wiped out thanks to high rates and cheap Chinese products. Many companies are facing bond maturity wall. German companies have to pay 5 to 10% interest while Chinese companies thanks to subsidies are enjoying -30% to -50% interest rates.

    • @prolific1518
      @prolific1518 25 днів тому +2

      Don't care. Inflation is still too high.

    • @Jokibinary
      @Jokibinary 25 днів тому

      @@prolific1518inflation is because company greed and goverment spending interest rate doesnt effect that 😂😃

    • @prolific1518
      @prolific1518 25 днів тому

      @@Jokibinary you have a very smooth brain.

  • @user-xr6zm8cx6r
    @user-xr6zm8cx6r 25 днів тому +1

    Wow just in a month inflation cooled. Cut in next meeting

  • @rickhayes-oh2zm
    @rickhayes-oh2zm 25 днів тому +3

    Take out everything you get a 3 handle

  • @upticktrade
    @upticktrade 25 днів тому

    Reality numbers vs fantasy numbers. We lived in reality, inflation still running hot.

  • @GilbertChristopher-of2re
    @GilbertChristopher-of2re 25 днів тому

    Revux whitepaper blew me away. RVX is the future of crypto!

  • @AH-fm7rj
    @AH-fm7rj 25 днів тому

    It is all in shelter!

  • @wolfman7393
    @wolfman7393 25 днів тому +5

    So stupid…everything is doubled in price.

    • @angrybeaver6667
      @angrybeaver6667 25 днів тому

      Just bought a dozen eggs for $1.88. Doubled since when?

    • @alr8141
      @alr8141 25 днів тому +1

      @@angrybeaver6667
      Where do you live and how much were you paying 4 years ago?
      Also eggs is only one item. What about the rest of your groceries?

    • @wolfman7393
      @wolfman7393 25 днів тому

      They were 88 cents soooo…

  • @charlielopez127
    @charlielopez127 25 днів тому +2

    Hahahaha what a fkn joke

  • @dons3073
    @dons3073 25 днів тому

    Generation X the hardest working generation in human history that’s a fact haha

  • @JonStark117
    @JonStark117 25 днів тому +2

    *People hear bad news, “Yep as I predicted”. Same people hear good news, “This is all a lie”.🤦🏼‍♂️*

    • @juicewrld9867
      @juicewrld9867 25 днів тому

      You just dumb you got selective listening that brought you to this dumb conclusion.

  • @nikkipage9132
    @nikkipage9132 25 днів тому +2

    Hip hip hooray. Now how about getting prices down to what they were in the previous administration.

    • @AlexanderStHill
      @AlexanderStHill 25 днів тому

      Trump destroyed the economy … that’s why prices are up

    • @theunbearablebull
      @theunbearablebull 25 днів тому

      Kind of hard to do that when Trump handed out 4t in stimulus checks to the people.... You have to use that brain sweetie

  • @Bluejinspirations
    @Bluejinspirations 25 днів тому +1

    Blah blah ..yad yad yada.....soooooooooo everything still going up, no relief yet, with possibly going up even more heading into the summer months...ughhh....lol...ok,got it .... instead of needing 1 job, now we need at least 3....lolololol....ok....lol

    • @kk-bootsie
      @kk-bootsie 25 днів тому +2

      It’s all supposed to go up WAY more in around three months because the Fed didn’t raise interest rates early enough. It’s a nightmare.

  • @JordanJames-es1sn
    @JordanJames-es1sn 25 днів тому

    Revux use case aligns with what the crypto world needs.

  • @RayB50
    @RayB50 25 днів тому +1

    But they still rose...

  • @jeandaiduval
    @jeandaiduval 25 днів тому

    He is such a tool!

  • @davidjiang1437
    @davidjiang1437 25 днів тому

    Hehe bad news for your favorite Trump

  • @kingsfan2099
    @kingsfan2099 25 днів тому

    Greedy corporate price gouging has slowed? Maybe these companies need to feel the pain for the opportunistic money grab.

  • @dons3073
    @dons3073 25 днів тому

    You can not make it with out generation X now we’re getting old you lazy people can never replace us haha

  • @jeffheinzel1977
    @jeffheinzel1977 25 днів тому +3

    Does anyone believe this garbage!!

  • @winchangkou
    @winchangkou 25 днів тому

    Lies. Mf

  • @illegalsmirf
    @illegalsmirf 25 днів тому

    Rick Santelli is really rather smelly.

  • @bolicer5746
    @bolicer5746 25 днів тому

    TRUMP 2024🇺🇸

  • @funnymoney1672
    @funnymoney1672 25 днів тому

    cp lie