Inflation rates should peak this year, as the Federal Reserve finishes up its bond-buying program and potentially starts raising interest rates later in the year. However, a few trends point to the idea that inflation may stop growing as quickly, but it will still be at uncomfortably high levels.
One data point in manufacturing data. Manufacturing leads to more goods, which helps keep a lid on inflation. However, right now shortages and supply chain issues mean production is still at December 2020 pandemic levels based on the latest PMI data. That means we’ll still see a lot of money chasing about the same amount of goods for some time. That’s a classic recipe for inflation, so continue to trade with beating inflation in mind.
Now here’s the rest of the news:
How Inflation Could Crash The Economy In 2022
It’s understandable if you’re tired of hearing about rising inflation. But it each month seems to bring fresh records not seen in decades. Things are so bad that Bloomberg recently put out an “inflation survival guide” after interviewing… [Read Here]
January 04, 2021
The Carolina Panthers has agreed to pay offensive lineman Russell Okung partly in cash, but also partly to mobile payment firm Strike so that he can buy Bitcoin. It’s the first time a pro-athlete is getting paid in such a way.
While the average American may not be able to move $6.5 million of a $13 million annual salary to cryptocurrencies, one of the stronger trends of 2021 was a major shift towards investing in cryptos. With interest rates likely to stay at zero, and stimulus and money printing occurring at a high rate for the foreseeable future, it’s one trend traders would be wise to follow in 2021, whether with the currencies themselves, or companies embracing Bitcoin and blockchain technology.
Now here’s the rest of the news:
January 04, 2020
Good Morning. A few different indicators come into play with the start of the year. One, called the “ﬁrst ﬁve days,” looks at the trading performance of the ﬁrst trading week of the year going back to 1950. If stocks ﬁnish higher in the ﬁrst ﬁve days of the year, over 80 percent of the time the market will he up for the year as a whole.
If that’s the case, we’re 1 day down, and 4 to go to indicate an upbeat year for stocks in 2020. Sure, nothing moves in a straight line, and today’s bullishness will undoubtedly fade at some point in the year. For now, however, enjoy the party. 😉
“What Scares Me” isn’t what scares me … but what Darren Hardy’s message for us today. Listen closely!
“Nothing in life is to be feared, it is only to be understood. Now is the time to understand more,
so that we may fear less.” —Marie Curie
January 04, 2019
Good Friday All…
Caryl brought today’s quote from Toastmasters last night. We couldn’t identify its origination, but here it is:
When you build a house, every brick counts. When you build a character, every thought counts. You are what you think. Love, purity, peace, wisdom — the more you think of these qualities, the more you will become them.
Playing Bridge today with my mom and friends, around noon, then back home to make a few phone calls before supper. Tomorrow “it’s-a-go” to pickup Marie, a retired work colleague of Caryl’s, and the three of us are to visit Murray Robinson at his home for coffee. Murray just celebrated his 91st birthday and we like to check on him from time-to-time! Both Caryl & Marie worked for Murray at the Pelican Group for many years.
Love your friends….
January 04, 2018
January 04, 2017
Invitations went out to our family to enjoy a chili meal with us on Saturday! We never get tired of having the family over a quick visit, warm hardy food, a few laughs and lots of fresh smiles.
Work was good … no surprises … everyone thinks they can do the manager’s job better than the manager. I’m just glad to get out of there after six hours. Off tomorrow, so I get to sleep in a bit, move some stocks around … pocket some money and throw some away. The throwing away part is not my choice, but when a stock moves in the wrong direction … it’s time to say farewell.
Will put a bit-of-money away today for our family vacation later this year. Must find some pictures of where we will be going for our vacation. Went to Mark’s for a couple of flannel shirts. Mark’s have some great buys!!!!
Working on another website, besides this one, before bed. Goodnight all…