Rises in home prices, which account for a big chunk of measured inflation, also have been slow recently, Mr Adams said. Overall, prices for July were up 0.1 per cent over June, but the annualised inflation rate ticked down. Americans voted Mr Trump into office last year in part because he promised to fix an inflation-battered US economy. “The market’s up, but then prices are up too,” Mr Murray said. “Overall, inflation is just crazy,” Mr Murray said.