Wealth Formula Podcast

This week, you're going to start hearing a familiar narrative again… "Inflation is back." And on the surface, it's going to look true. The next CPI print is very likely to come in hotter than expected. We're already seeing it in real-time data like Truflation. Energy prices have surged, and because energy feeds directly into headline CPI, it's going to push that number up—fast. But here's the problem… That's not the whole story. Energy is notoriously volatile, which is why the Fed focuses more on core inflation—stripping out food and energy. But even core isn't immune here. Petroleum touches nearly everything in the economy—transportation, manufacturing, packaging—so some of that pressure will bleed through. So yes, in the short term, inflation is going to look worse. But step back for a second. This spike is being driven largely by geopolitical tension—specifically the situation with Iran. And unlike past conflicts, this is not shaping up to be a multi-year war like Iraq or Afghanistan. In fact, the current