Link, hightower chief investment strategy, cnbc contributor and pretty good golf im told. Hmm not so much. Good to have you on how do you review inflation data and did it change any of your expectations about race, the fed, the markets and it didnt change my thoughts. We are making progress, though, brian, on the numbers. Right . Look at, say, cpi, 4. 7 year over year, 6. 6 at peak. Making progress. The problem, rents are still sticky, 99 of cpi shelter. And increased. 5 from. 4 number is getting to 2 where the fed wants get to to for cpi. A long ways off. Then look at, by the way, you follow energy really close right . Look at ppi numbers today. Acceleration month over month in headline number. Nots even including the 24 gain in Energy Prices from the june lows i think next month, next couple of months, youll see elevated ppi numbers. Then add in the economy, which is a real bright spot. Nobody thought we would see gdp accelerate each quarter this year everyone said beginning of the y
It is day 400 of the Trump Administration that brings new legal trump for two former Trump Campaign aides. The Washington Post reports tonight the Deputy Attorney general warned the white house weeks ago about problems with Jared Kushners security clearance. Were going to have more on that just ahead. But we begin with the mueller investigation. Special Counsel Robert Mueller has obtained another guilty plea. This one from former Trump Deputy Campaign chairman rick gates who stayed on during the transition. Today gates pleaded guilty to conspiracy against the United States as well as to lying to investigators. And he admitted to secret foreign lobbying, potentially illegal mortgage schemes and helping Paul Manafort cheat on his taxes. Mueller also got gates to plead guilty to lying to investigators after he was indicted. Gates is now cooperating with the special counsel. This is not good for his former Business Partner and onetime Trump Campaign chief Paul Manafort who was hit with bra
Good evening once again from our nbc news headquarters here in new york. Im caseyhukasie hunt in for br williams who has the day off. It is day 400 of the Trump Administration that brings new legal trump for two former Trump Campaign aides. The Washington Post reports tonight the Deputy Attorney general warned the white house weeks ago about problems with Jared Kushners security clearance. Were going to have more on that just ahead. But we begin with the mueller investigation. Special Counsel Robert Mueller has obtained another guilty plea. This one from former Trump Deputy Campaign chairman rick gates who stayed on during the transition. Today gates pleaded guilty to conspiracy against the United States as well as to lying to investigators. And he admitted to secret foreign lobbying, potentially illegal mortgage schemes and helping Paul Manafort cheat on his taxes. Mueller also got gates to plead guilty to lying to investigators after he was indicted. Gates is now cooperating with the
Good evening once again from our nbc news headquarters here in new york. Im kasie hunt in for Brian Williams who has the day off. It is day 400 of the Trump Administration that brings new legal trouble for two former Trump Campaign aides. The Washington Post reports tonight the Deputy Attorney general warned the white house weeks ago about problems with Jared Kushners security clearance. Were going to have more on that just ahead. But we begin with the Mueller Investigation. Special Counsel Robert Mueller has obtained another guilty plea. This one from former Trump Deputy Campaign chairman rick gates who stayed on during the transition. Today gates pleaded guilty to conspiracy against the United States as well as to lying to investigators. And he admitted to secret foreign lobbying, potentially illegal mortgage schemes and helping Paul Manafort cheat on his taxes. Mueller also got gates to plead guilty to lying to investigators after he was indicted. Gates is now cooperating with the s