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US Stock Market Crashes As Inflation Gets Worse

The US CPI data came in at 8.3% this morning, increasing by 0.1% from July to August and the stock market fell over 2% immediately after being up in premarket. US inflation has increased despite energy dropping by over 5% and this is particularly worrying because key components like food and shelter are spiralling out of control with Food at home increasing by 13.5% in the last 12 months. The 2022 stock market crash may not be over just yet as inflation is showing to be more resilient than the Fed would like to admit. ☕️ JOIN MY PATREON - DISCORD, BONUS VIDEOS, TARGET PRICES, MODELS & MORE GET 40% OFF THE UNLIMITED PLAN AT SIMPLY WALL STREET (Or just sign up for the free account to check it out) 💵 GREAT INVESTING APPS I USE GET A $10 BONUS WITH LIGHTYEAR - (UK & Europe) You need to use promo code "Sasha" and the bonus is awarded after your first trade. INTERACTIVE BROKERS (Global - Main investing app I use) SIGN UP FOR ETORO (Global Investing Pl