Wednesday’s inflation reading of a 7 percent annual increase is the biggest move higher for inflation since 1982. However, behind all headlines are some good and bad news. Good news? The rate of inflation growth is slowing, and that may be confirmed over the next few months.
And, within the data that goes into inflation, some components are still continuing to rise, such as energy and gasoline prices. But other factors, like meat prices, are starting to decline. This more nuanced picture shows that many inflation components are also tied in with shortages, and that the rate of inflation is likely to start to stall out from here before heading gradually lower.
That may explain the stock market’s uncertainty, and why it may continue for the next few months until new data shows a definitive break in inflation.
Now here’s the rest of the news:
Digital Inflation Hedges Fail Miserably
Today, we got the minutes from a Fed meeting from late last year, and it has suddenly sank in for the markets that the Fed, after brushing off inflation for a year, is getting serious about inflation. The term “elevated inflation” was mentioned five times in the minutes… [Read Here]
Famous Analyst Calls The Federal Reserve A Ponzi Scheme
Modern central bank operations are far removed from free market constructs. And central rate setting central bank manipulations that require lower and lower interest rates and ever-increasing amounts of debt have all the hallmarks of one giant Ponzi… [Read Here]
January 13, 2021
After the extreme volatility of 2020 — or just last week — having a quiet day in the market feels like a rare treat. But most days in the market are quiet. Thanks to the gyrations of stocks, a decent annual return is borne out of small gyrations, day in and day out. Even when things calm, however, the next move is quietly being put into place.
In the oil market for instance, the price of the commodity is nearing highs last seen in February of last year. That’s due to talks of reduced production by big-name suppliers to keep prices up. It’s also allowing energy companies to help push the market higher while tech stocks play a more defensive role. When the market is calm, looking for these sector rotations can be a big driver of trading returns.
Now here’s the rest of the news:
January 13, 2020
Cataract surgery in my left-eye; Barry picked me up at (home) 5:45 AM to be a Mitchell’s Eye Centre for my 6:20 AM appointment.
… All went well. Amazing ‘what a difference 15 minutes makes’! Barry also returned to the Mitchell Eye Centre, a couple of hours later to ‘pick me up.’ We then went for coffee; then he drove me back home! Thanks ‘Bear.’ 😉
January 13, 2019
Building Bridges or Big Dreams … Day #7
One of my Facebook themes at Robert Walker is all about “Live the Dream! I’ve always been fascinated by dreamers. And making dreams come true for myself and others is what my life is about.
By investing the time and energy to get clear on our values and life purpose, by deﬁning and articu-lating what we really want from all areas of our life, and then consis-tently acting on our objectives, we will live a successful life. This kind of work isn’t easy. It requires deep thinking & honest soul-searching. It is not something you do in an afternoon. It demands constant focus and attention. Unless you’re the architect of your life, you’re at the effect of everything and everyone you encounter. It is something with which we all need help.
My passion is helping people discover, develop and fulﬁll their dreams. In the process, I fulﬁll my own. l take great joy in supporting people and organizations to consistently create excellence. To participate in the development and realization of a dream is, for me, to walk upon holy ground. By living our dreams, we give birth to things that never would have been, but more importantly, we become more of who we are in the process.
January 13, 2018
January 13, 2017
Friday the 13th. No! … I’m not superstitious … but, I had to take an extra day off!
My shoulders, knee joints, lower back & legs, and the stress of dealing with the car … I need some time for me to recharge! Yes! I’m in need of a check up from the neck up! Actually a complete physical wouldn’t be that bad either.
My car is “possessed.” No! Not really, the onboard computer the “protects and serves” the functions of the car, from security and theft prevention to temperature and fuel efficiency, is wacko! More than a new battery or alternator, the circuit board needs to be replaced … what’s the “1967 Theme from Dragnet?”