Inflation update: 1. US CPI Inflation: Up to 3.7%, nearly 2x Fed's target 2. US PPI Inflation: Up to 6.3%, over 3x Fed's target 3. US Core PPI Inflation: Up to 5.0%, 2.5x Fed's target 4. US PCE Inflation: Last at 3.4%, 1.7x Fed's target 5. Brent Crude Oil: Up to $106/bbl, up +73% YTD 6. Fuel Oil Inflation: Up +74% year-over-year September officially marked the 67th-straight month with CPI inflation above the Fed's 2% target. The US Dollar has lost nearly one-fourth of its value in 5 years. The time to take action is now. More on our view below: