What do Tom Brady and 2 of the Kardashians have in common?

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Time for the Know the Difference Minute, 3 stories making news today.

The Labor Department reported that its producer price index, which measures inflation at the wholesale level before it reaches consumers, surged 9.7% in December. That marks the highest figure on record since the government began tracking the data in 2010.

Kelly Blue Book is reporting the average new vehicle price paid in December was $47,077—a 9th straight record. Luxury models have increased to almost $65,000. Low inventories and incentives at a 5-year low equals dealer pricing power.

Tom Brady’s clothing brand, Brady, launched yesterday with a line of performance wear. He’s partnered with the firm that rolled out 2 of the Kardashian sister’s lines, both huge successes. Some of the marketing will be with college athletes using name/image/likeness deals. Among others, he’s signed Michigan’s QB and a wide receiver from Georgia.

I’m Dave Spano from Annex Wealth Management. That is your Know the Difference Minute.