Understanding Inflation: Deep Dive into Consumer and Producer Price Index with Ed Parcaut

Real Estate Jerky Daily

Welcome to another insightful episode of the Real Estate Jerky Daily! Today, Ed dives into the latest updates in the financial market, focusing on the Consumer Price Index (CPI) and its impact on consumer-level inflation. Ed also shares valuable advice for business owners, particularly in the real estate and mortgage sectors, on how to effectively grow your business by focusing on past clients and niching down your target audience. **In This Episode, Ed Discusses:** - Producer Price Index results and how they affect the market. - Consumer Price Index coming in better than expected. - Bond market updates and what to look forward to in the week's financial data. - The rise of mortgage applications, especially in refinancing. - Strategies for paying off high-interest rate credit cards through refinancing. - The importance of reconnecting with past clients and nurturing those relationships. - Updates on upcoming retail sales, initial jobless claims, and the National Association of Housing Builders' sentiment. - Consumer confidence across presidential years. - The significance of focusing on your business and clients rather than getting distracted by politics. - The benefits of niching down your business for more effective marketing and client satisfaction. For more insights and tips on growing your real estate and mortgage business, make sure to subscribe and hit the notification bell. Stay tuned for more episodes and remember, focusing on your clients and having a niche can significantly boost your business success. **Timestamps:** 00:00 - Intro & Mike Kelly's Vacation 00:28 - Producer Price Index Update 01:15 - Consumer Price Index Insights 02:28 - Mortgage Application Data 03:15 - Refinancing to Pay Off Credit Cards 03:38 - Importance of Calling Past Clients 04:24 - Upcoming Financial Data 05:26 - Consumer Confidence & Presidential Years 06:38 - Focusing on Business & Clients 07:38 - Niching Down Your Business 08:11 - Outro & What's Next

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**Join the Conversation:** What are your thoughts on the latest CPI data? How do you stay connected with your past clients? Share your insights in the comments below! #EdParcautPodcast #CPI #BusinessGrowth #MortgageTips #RealEstateAdvice #FinanceUpdate #NicheMarketing --- **Note:** Don't forget to like, comment, and subscribe for more valuable content to help you grow your business and stay updated with the latest market trends!