The Zach Foust Show
Send us Fan Mail [https://www.buzzsprout.com/2508075/fan_mail/new] I recorded this one on the move. We have a missing dog and I had to get this out before I went to go find him. If you are in Camden Delaware and you see a dog named Bo please hit me up. On to the episode. Inflation just dropped this morning from the Bureau of Labor Statistics and it came in higher than expected at 4.2% annual. Energy is up 23.5% year over year. Fuel oil is up 58.9% year over year. And I want you to really sit with that because fuel oil is not just your gas tank. Fuel oil is in everything that ships, manufactures, farms, and moves in this country. That is not a gas price problem. That is an everything problem. Trump has now claimed the Iran deal was close 38 times since this war started. The war has now crossed 100 days and is more than ten days past the legal limits of the War Powers Resolution of 1973. Three US bases in Jordan and Kuwait were hit overnight. An Apache helicopter went down over the Strait of Hormuz. And Trump put out a tweet this morning about the naval blockade. Iran's Ministry of Foreign Affairs responded calling us the American terrorist regime. I am a veteran and I barely had a visceral reaction to that anymore. That should tell you something. Then I close with three big warnings. JPMorgan's Jamie Dimon, the IMF, and the CEO of Exxon are all saying the same thing from different angles. Something is coming and the stock market is not reflecting it. Three things you can do. Hold assets. Recession proof your job. Take care of yourself. Support the show [https://www.buzzsprout.com/2508075/support]
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