Inflation Hits 3-YEAR HIGH! Will This End The Bull Run?

Inflation rose 3.8 percent in April — the highest jump since May 2023, mostly due to higher gas prices. This inflation now threatens to eat up recent wage gains for Americans too. So what's going on, and how will this impact the bull market because not only are we seeing renewed inflation, but also a deflationary force. This is a unique dynamic and on today's show, we cover how it can impact the US economy and markets. 0:00 Inflation numbers came in red hot2:24 Inflation is eating wage gains4:43 Cathy Wood says money supply is rising and that's good for investors6:55 The American consumer is probably stronger than you think8:17 Deflation and inflation are both happening Listen to From the Desk of Anthony Pompliano on:Apple Podcasts: https://podcasts.apple.com/us/podcast/from-the-desk-of-anthony-pompliano/id1819778503Spotify: https://open.spotify.com/show/1THAGnR1Xt1WDUn1CCTh1DPomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at: http://pompletter.comJoin 600K+ subscribers on my main channel: https://pompyoutube.com/ Follow Pomp on social media:Twitter: https://twitter.com/APompliano Instagram: https://www.instagram.com/pompglobal/ LinkedIn: https://www.linkedin.com/in/anthonypompliano/#AnthonyPompliano #FromtheDesk #marketnews