The Market Just Crossed a Dangerous Line

The man who predicted the 2008 crash and 2020 says today's soaring markets are NOT a bubble - they're something far stranger and more dangerous. He says it's about to change everything you know about money.

Embed-Chart-Consumer Prices, ADVISORY

MATTHEW PERRONE
January 15, 2025

CONSUMER PRICES -- Chart. This AP digital embed chart shows the percentage change in consumer prices from the previous year, as measured by the Consumer Price Index, since 2010. In December, consumer prices rose 2.9%, up from November's 2.7% figure. Excluding food and energy, prices rose 3.2% from the previous year, down from November but still above the Federal Reserve's 2% inflation target. This chart is current as of Jan. 15, 2025, and will update monthly. Source: Bureau of Labor Statistics.

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<!-- start AP embed -->

<iframe title="Consumer inflation" aria-label="Interactive line chart" id="ap-chart-LsDpr" src="https://interactives.ap.org/embeds/LsDpr/20/" scrolling="no" width="100%" style="border:none" height="493"></iframe><script type="text/javascript">!function(){"use strict";window.addEventListener("message",(function(e){if(void 0!==e.data["datawrapper-height"]){var t=document.querySelectorAll("iframe");for(var a in e.data["datawrapper-height"])for(var r=0;r<t.length;r++){if(t[r].contentWindow===e.source)t[r].style.height=e.data["datawrapper-height"][a]+"px"}}}))}();</script>

<!-- end AP embed -->

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