The Gilmo Report

June 9, 2021

June 9, 2021 7:07 pm ET

All eyes will allegedly be on the latest Consumer Price Index report slated to be released tomorrow morning, exactly one hour before the opening bell. Expectations are for a hot 0.4% to 0.5% monthly number which, for those able to multiply, figures out to 4.8 to 6% annualized inflation. How the government calculates inflation, however, has been a sleight-of-hand trick since the Reagan years as the CPI calculation has been revised at least a couple of dozen times since then.

The rest of this report is available for Gilmo Report Members only.
The full report will be available 45 days after it is posted. For immediate access: login or subscribe