When it comes to the market – there are (a) times to make money; and (b) times not to lose money. Now is the time for the latter… the past decade was the time for the former.
We Haven’t Seen the Lows for 2022
Consumer Price Inflation (CPI) continues to run at a 41-year high 8.6%. It’s not hard to explain – look no further than monetary and fiscal policy. From mine, the Fed has no choice but to remain very aggressive – where a 75 basis point raise is not off the table. This is not conducive for higher stock market prices in the near-term
Don’t Be Fooled…
CPI for May is expected to come in at a red-hot 8.2%. Anything north of 8% will not change the Fed’s aggressive stance. In short, inflation is not likely to go away soon… look no further than energy and food prices. Here’s why the Fed will hike straight into a recession.
Core PCE Rises 4.9%… But Is it Peaking?
Is inflation peaking? If we knew the answer to that question – markets would be in a very different place.
The problem is – we cannot know for sure. However, there are positive developments…
For a full list of posts from 2017…