In his podcast addressing the markets today, Louis Navellier offered the following commentary. A Lagging IndicatorRents and shelter costs are emerging as a stubborn inflation problem since shelter costs have been rising steadily and rose 0.7% in August after rising 0.5% in July. Although there is no doubt that the Fed is striving to prick real estate bubbles around the country, rents and shelter costs are a lagging inflation indicator, which is why the Fed must raise key interest rates and then keep interest rates high for an extended period to make sure shelter costs begin to cool off. Q2 202…