Investor: 'I don't buy the lack of inflation' in the US

Posted from: https://www.cnbc.com/video/2019/07/31/investor-i-dont-buy-the-lack-of-inflation-in-the-us.html

Bill Smead of Smead Capital Management says inflation data in the U.S. doesn't match what he has observed anecdotally. Fed Chair Jerome Powell described inflation as a "faint heartbeat," but Smead says rents are up dramatically….

Posted from: https://www.cnbc.com/video/2019/07/31/investor-i-dont-buy-the-lack-of-inflation-in-the-us.html

Bill Smead of Smead Capital Management says inflation data in the U.S. doesn't match what he has observed anecdotally. Fed Chair Jerome Powell described inflation as a "faint heartbeat," but Smead says rents are up dramatically….

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