What we’re about to experience is something we haven’t seen in 100 years. Buckle up.

What we're about to experience is something we haven't seen in 100 years.

Buckle up. pic.twitter.com/4HAVFzEMxk

— Financelot (@FinanceLancelot) June 6, 2022

Raw material prices hit a new all time high – Bloomberg

“Let’s hope the FED pivots” pic.twitter.com/vJPxfmrELh

— Alessio (@AlessioTMAD) June 6, 2022

Inflation rates 👇 pic.twitter.com/3bl7Z8wtbV

— Álvaro Oviedo (@alvoviedo) June 6, 2022

Amid Biden's failure to act, parents are still struggling to find baby formula as the out-of-stock rate hits 73% nationwide — and 90% in seven states.

“It’s so draining trying to find formula. I’ve literally gone from store, to store, to store, to store.” pic.twitter.com/FgmfrGuOeJ

— RNC Research (@RNCResearch) June 6, 2022

*U.S. AVERAGE RETAIL GASOLINE PRICE HITS NEW RECORD $4.91 A GALLON – AAA pic.twitter.com/PAhh2RjXFF

— Alessio (@AlessioTMAD) June 6, 2022

https://twitter.com/JjZg0GfW2UR8IYe/status/1533852212794900481

"Prices today, including food, rents, and gas, are up 8.3% from a year ago — FAR more than wages."

It's Biden's Great American Pay Cut.pic.twitter.com/xIQ3oQw7oB

— RNC Research (@RNCResearch) June 6, 2022

Australia AIG Services Index May: 49.2 (prev 57.8)

— LiveSquawk (@LiveSquawk) June 6, 2022

AIG SERVICES INDEX ACTUAL 49.2 (FORECAST -, PREVIOUS 57.8) $MACRO

— FinancialJuice (@financialjuice) June 6, 2022

$13.2 billion in high yield deals have priced so far in Q2–on track for lowest issuance since 2018, according to Goldman pic.twitter.com/GKw65JEFvA

— Gunjan Banerji (@GunjanJS) June 6, 2022

JAPANESE ALL HOUSEHOLD SPENDING YOY ACTUAL -1.7% (FORECAST -0.6%, PREVIOUS -2.3%) $MACRO

— FinancialJuice (@financialjuice) June 6, 2022

There’s No Immediate Cure For Sky-High Gasoline Prices

Everything that the Biden Administration has done thus far has failed to curb rising prices. Experts believe that high gasoline prices are likely to persist for the foreseeable future.

Global Food Prices Are Surging to All-Time Highs

The likelihood that we see continued escalation (riots, and even revolutions) in the most impacted countries is rising daily.

Inflation Will Be ‘Higher’ and Last ‘Longer’, Warns Arthur Laffer Jr.

Arthur Laffer Jr. said that inflation will get “higher” and will be here for “longer,” arguing America’s energy dependence has led to inflationary pressure.