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In this episode, I analyze the December 2024 U.S. Consumer Price Index report that came out Friday. Inflation rose to 2.9%, led by energy prices and steady food costs. While core inflation eased, sticky categories like shelter and transportation are still a concern. Discover what these trends mean for your wallet and the broader economy.
Also in this episode:
🎯 Businesses and unions in Canada unite to form the Canada-U.S. Trade Council, aiming to address potential job losses and trade tensions under Trump’s proposed tariffs.
📉 Economist David Rosenberg warns U.S. stocks are dangerously overvalued, driven by unrealistic earnings growth expectations and high concentration in mega-cap tech.
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Beavis Wealth Disclaimer:
The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.