The last big fear of the year is inflation and the September reading came out on October 13th, and it came out higher than expected. However, before you panic, come find out why the top line reading might not be as scary, and why the market seems to be shaking off the news.

In this video Knight talks about the September inflation reading that came in at 0.4% for the month. That is higher than the 0.3% expected, but the biggest fear was that we were going to see huge beats to the upside in rents and services. When going through the report, those areas actually stayed relatively tame, which still suggests that inflation will soon start to inflect downward.

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