In a world where economic headlines scream louder than a rock concert, last week’s Consumer Price Index (CPI) report landed like a plot twist in a thriller novel.
Clocking in at 3% annually for September...below the whisper numbers from Wall Street economists...the data sparked a bond market party that had Treasury yields tumbling faster than a gambler’s stack at a blackjack table.
But hold onto your portfolios: this isn’t just a feel-good moment. It’s a breadcrumb trail leading to bigger questions about where the economy’s headed next.
Is this the calm before a rate-cut storm, or the first crack in a facade that’s been holding up longer than anyone expected? Let’s dive into the numbers that have investors buzzing...and uncover what they really mean for your wallet.
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