What to Watch for in U.S. January CPI Data

The video discusses the economic context of 1982, focusing on market expectations and the Federal Reserve's potential actions regarding interest rates. It highlights the importance of inflation expectations, particularly from the University of Michigan's survey, and their influence on the Fed's decisions. The analysis covers the shift from goods to services, energy prices, and housing trends, emphasizing their impact on the Consumer Price Index (CPI). The reopening trade's effect on sectors like used cars, insurance, and travel is also examined.

What was the percentage increase in house prices last year?

What does the reopening trade refer to in the context of the economy?