Wrong on Inflation | NVDA Earnings | PCE Inflation vs CPI Inflation | Sell in May Didn't Work

Derek Moore explains how what sometimes seems obvious isn't what happens as we can see with inflation numbers that continue to move lower despite consumer sentiment surveys expecting 6.6% inflation in the next year. Plus, NVDA had its earnings and the stock' forward PE is lower due to the next 12-month analyst estimates being near all-time highs. Plus, sell in May would have been a mistake as markets recovered and are now back to within several percent of all-time highs.    PCE Inflation vs CPI Inflation NVDA forward PE ratio and earnings EPS estimates Calendar Spreads vs Diagonal spreads explained Inflation continues to be lower  University of Michigan consumer sentiment survey says 1-year inflation 6.6% Atlanta FED GDP Now EconPi        Mentioned in this Episode   Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT   Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt   Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag   Contact Derek derek.moore@zegainvestments.com