First published by Money Metals Exchange here: https://www.moneymetals.com/podcasts/2024/01/12/house-speaker-caves-on-spending-cuts-metals-markets-take-a-back-seat-002926
<p><img src='https://www.moneymetals.com/uploads/content/youtube-thumbnail-mikegleason-social.jpg'/></p>As inflation comes in hotter than expected and the federal deficit comes in higher than ever, investors face rising risks in financial markets. On Thursday, the Labor Department reported that the Consumer Price Index for December rose by 0.3%. That was a bigger increase than forecasted. It represents an annual rate of 3.4%.