Now That's What I Call Inflation- While we give economists a lot of heat for being wrong so damn always, and rightfully so, we have to give it to them this time: their CPI estimate beat a random number generator. Great jobs guys!

The Daily Peel's random number generator predicted a CPI reading of 5.48% annual growth.Economists put it at 6.7%, and with a reading of 6.8%, they took the W. Much more importantly, however, is the fact that this inflation observation is thehighest since 1982, aka, 39 years ago.

This, in short, isn't great. With this fresh record high reading, we can almost definitely expect the Fed to announce a speeding up of the tapering process at their meeting on Tuesday and Wednesday this week. Analysts expect the asset purchase tapering speed to be doubled, ending in March 2022, which would allow the Central Bank to start raising rates sooner than expected.

It seems, however, that the market is already pricing these factors in. Growth stocks that won the title in 2020 have slumped all throughout 2021. It seems like the long-duration focus that incredibly loose monetary and fiscal policy allowed for is coming to a close, as investors no longer appear to be prioritizing cash flows 10 years down the line. Even crypto is feeling the heat, falling precipitously from recent highs despite the attempted comeback this weekend. Isn't BTC supposed to protect against inflation??

Anyway, sentiment appears to be shifting back to some semblance of rationality. All of a sudden, things like cash flows, profitability, and dividends have stepped back onto the seen as investors realize once again that those factors do actually matter.

What Do Steve Cohen, Bill Gates, and Jeff Bezos Have in Common?

These three financial titans are pouring billions into anoverlooked marketthat the Wall Street Journal just called amongthe hottest on Earth. But this market isn't what you think it is.

So what's this overlooked investment billionaires love?Blue-chip art. And we don't mean the kind of art you'll find at your local yard sale. We're talking about Picassos, Basquiats, and Warhols.

Deloitte estimates the global value of art to be worth $1.7 trillion-more than the market capitalization of every cryptocurrency combined according to Goldman. That's a whole lotta canvas.

How can you join this billionaire club?质量良好,绘画要10000000美元+, you'd need to be comic book supervillain rich. But, there's a new investment platform called Masterworks that lets you invest in the very same types of paintings collected by billionaires.

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Ford ($F)- What a year it's been for Ford,gaining 151% YTDafter basically falling nonstop from an early-1999 peak. That doesn't sound fishy at all, so anyway, Friday's9.6%boost just kept the gains going. The company had some great news on the day, including a release stating they would have to stop taking reservations for the F-150 Lightning EV as demand was way too high. Not to mention, Ford's OG F-150 topped the list for best selling car in America for its 40th year in a row. CEO Jim Farley was nothing short of hyped on his CNBC interview and honestly, he deserves it.

Oracle ($ORCL)- The least talked about player in big tech, Oracle, confirmed on Friday that it is, in fact, still kicking ass. The $280bn firm popped15.6%on Friday on a super solid earnings report in which the firm doubled expectations for revenue growth and delivering an EPS of $1.21 vs $1.11 expected. Founder Larry Ellison must be happy because this stock price bump officially makes him wealthier than Google co-founders Larry Page and Sergey Brin.

Chewy ($CHWY)- Having basically the opposite day as Oracle, online pet supply firm Chewy Inc tumbled8.1%on a much, much less than exciting earnings report. The firm reported revenues in line with expectations, being literally the only non-trash part of the report.Net losses came in at doublethan what was expected on a non-GAAP EPS basis, while management went ahead and lowered guidance at the same time. The dog buying boom sparked by COVID must be running out, I just hope all those good boys are still…good.

Peloton ($PTON)- Can a product being too popular be a bad thing for a firm? Maybe, and for Peloton on Friday, the answer was yes. Shares in the exercise bike and other equipment maker plunged another5.4%on Friday brining itsYTD return close to a loss of 75%. Not that I watch the show, because I definitely don't, but allegedly, Peloton bikes drove a key plot point in the HBO Reboot of Sex and the City. Can someone fill me in on what happened (I swear I don't watch the show…).