Hottest Inflation Report In 3 Years Has One Big Problem

Ed Elson speaks with Justin Wolfers about how concerning the latest inflation data really is and what it could mean for the Federal Reserve. Then, Stacy Rasgon joins the show to explain the record setting rally in chip stocks. Finally, Ed breaks down reports that some Amazon employees are exaggerating their AI usage. Justin Wolfers (@PlatypusEconomics ) is a Professor of Economics and Public Policy at the University of Michigan and founder of Platypus Economics. Stacy Rasgon is a Managing Director and Senior Analyst at Bernstein Research. Timestamps 00:00 - Today's Number 01:09 - Market Vitals 01:42 - Inflation (ft. Justin Wolfers) 18:07 - Ad Break 18:57 - Chips Rally (ft. Stacy Rasgon) 29:46 - Ad Break 31:00 - Amazon AI Usage 33:50 - Credits — Get your tickets to the Prof G Markets Tour: https://profgmarketstour.com Subscribe to the Prof G Markets Youtube Channel https://www.youtube.com/@ProfGMarkets Subscribe to the Prof G Markets newsletter: https://links.profgmedia.com/markets-newsletter Order "Notes On Being A Man" now! https://amzn.to/4nl4VKo Subscribe to No Mercy / No Malice: https://links.profgmedia.com/nmnm-yt-sub-desc Follow Markets on Instagram: https://www.instagram.com/profgmarkets/ Follow Scott on Instagram: https://instagram.com/profgalloway Follow Ed on Instagram, X and Substack: https://instagram.com/ed_elson_/ https://twitter.com/edels0n https://substack.com/@edwardelson Note: We may earn revenue from some of the links we provide.