Inflation Is Already There in U.S., Saxo Bank CIO Jakobsen Says

The video discusses the current state of inflation, particularly focusing on rent equivalents in the US, with examples from San Francisco and New York. It highlights the challenges of price discovery in markets controlled by government fiscal spending and the Federal Reserve. The video also addresses supply side constraints, including increased costs in last mile delivery and shipping. Finally, it provides insights into the commodity market, noting the positive yield for the first time in years.

What are the implications of falling rent equivalents on US CPI?

How does government fiscal spending affect price discovery in the market?

What challenges are associated with the supply side of the economy as mentioned in the text?

Discuss the impact of increased transportation costs on the economy.

What does a positive rolled yield in commodities indicate?