Two Forces Are Moving Markets; Most Investors Are Only Seeing One | Jose Torres

CPI is at 4.2 percent. The highest in over three years. Yet inflation may not be the only force moving markets right now.

Jose Torres, senior economist at Interactive Brokers, argued that the origin of this inflation problem goes back much further than the pandemic and that the Fed has been expanding the money supply since December 2025 in ways most coverage has not examined closely.

Torres identified a second force behind the selloff and explained why separating the two changes how you read everything happening in markets right now.

Views expressed in this video are opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.