Grant Cardone is stirring the pot again. The entrepreneur and real estate mogul tweeted, “U.S. inflation of 2.7% is higher than the real economy. FED is lagging and KNOWS it. Watch for a surprise .50bp cut in December.”<br /><br />Cardone’s take is bold, but it's not without reason. Inflation was 2.7% as of November, slightly above the Federal Reserve’s target of 2%. Despite a series of rate hikes this year, Cardone thinks the Fed is behind the curve. And he's not alone in pointing this out.
