The SpaceX IPO is a trap (StocksToTrade)
Key Points
U.S. inflation jumped 0.9% month-over-month in March, the fastest pace since June 2022, driven by a 10.9% surge in energy prices tied to the Iran war.
The annual inflation rate climbed to 3.3% in March, up from 2.4% in February, marking the highest level since May 2024.
Core CPI, which excludes food and energy, rose a modest 0.2% monthly and 2.6% annually, still above the Fed's 2% target.
The data leaves the Federal Reserve with little room to cut interest rates, as underlying inflation remains stubbornly elevated.
So here's what happened with inflation in March: it went up. A lot. The Consumer Price Index jumped 0.9% from February, which is the biggest monthly increase we've seen in nearly four years. And if you're wondering why, look no further than your gas bill. Energy prices spiked over 10.9% in a single month, almost entirely because of the war in Iran.
Below is an important message from one of our highly valued sponsors. Please read it carefully as they have some special information to share with you.
Dear Reader,
This is urgent, so I’ll be direct…
In other words, this is your first-ever chance to skip the line, and get in BEFORE Elon Musk’s next IPO takes place.
Best of all, it couldn’t be any easier…
When you act today, you can get a pre-IPO stake right inside your regular brokerage account, all with just $100 and a few minutes of time.
All you need is the name and ticker symbol that James reveals for FREE, right inside this short video.
Sincerely,
Doug Hill
VP of Publishing, Paradigm Press
This ad is sent on behalf of Paradigm Press, LLC, at 1001 Cathedral St., Baltimore, MD 21201. If you're not interested in this opportunity from Paradigm Press, LLC, please click here to remove your email from these offers.
On an annual basis, things look even more dramatic. The inflation rate soared from 2.4% in February to 3.3% in March. That's the highest it's been since May 2024.
Now, here's the interesting part. If you strip out the volatile food and energy components—what economists call "core" inflation—things look a bit calmer. Core CPI rose just 0.2% month-over-month, which was actually below the 0.3% consensus estimate. Year-over-year, core inflation ticked up to 2.6% from 2.5% in February, still below expectations of 2.7%.
But here's the problem for the Federal Reserve: 2.6% is still above their 2% target. And when you combine that with the headline number being driven by a geopolitical shock, it means the Fed has basically no room to cut interest rates right now. They're stuck watching from the sidelines as external forces push prices higher.
This is a developing story…
Further Reading
Put $1,000 into this stock NOW [Not NVDA] (From Stansberry Research)
End of America Update (Porter & Co)