Since I started invested a little over a year ago I've far outpaced the S&P. Now I'm dead flat since early March so there has been some catchup but I'm still in the lead.
Cramer is saying China has been doing that with semi conductor chips.
Which backs up Powell's decision.Not good jobless claims this week:
Jobless claims show surprise increase to highest level in a month
Initial jobless claims totaled 412,000 last week, an increase of 37,000 from the previous week and higher than the 360,000 estimate.www.cnbc.com
Value low on the big board as of now:
Followed you into NFLX. Also got back in on AMZN, though I did leave a couple % points on the table.
I'm actually thinking the inflation short term is here, but longer term it will abate.
charleshughsmith.blogspot.com
URNM popped down today, but it is a volatile play. It will be back up just as quickly.
FMV = $4200
The money supply is increasing 30% year over year. Where exactly is that potential spending going to transit to?
Being heavy in both energy and materials I had a rough day.
People said the same in 2013. Pretty similar increase in the money supply.The money supply is increasing 30% year over year. Where exactly is that potential spending going to transit to?
My account with the energy plays was still up 0.40% thanks to FDGRX, IGM, and SOXX. Should have been a lot better!
My point is more that I wouldn't be shocked if we will see a deflationary period soon. My company built up a 1 year supply of gloves because they are critical to our business. And now that covid is "coming to an end" and this concept of sanitary theater is coming to an end that 1 year supply will now equal 3 years. Still need them, and still critical. But if this happens in all things, in all segments, you will see deflation when everyone is looking to liquidate. These shockwaves have ripple effects
Yup you nailed it... Nobody wants to be caught with their pants down but once everyone stocks up, the correction happens.
IIRC, wkhs lost a government contract for electric post office vehicles and tumbled, thus all of the shorts
Yup the deal went to OSK.
For 20 years, China has been absorbing money supply inflation. That's why prices stayed stable on everything that fits in a container ship, namely everything but food, energy, health care, & education. Unfortunately, the previous administration critically injured the manufacturing relationship with China, and expectedly, it is playing out 18 months later with shortages and empty shelves.
I think the industrial and cyclical stocks have been down this week due to interest rate. Glad I mostly stick with the tech stocks.
Oooph, such a bad take. You think the admin had anything to do with the supply chain issues? My life is supply chain. This is what happens when the global economy pumps the brakes, then says just kidding and hits the gas. On top of this, every company on earth is saying let's stock up on what we can do that were not impacted.
Industrial and cyclical had been outperforming tech for months though. And really they were due for a pullback.
I didn't find it all that interesting. No where in that article does he provide a simple test. He does propose a hypothetical centered around the idea that deflation will be due to the stock and housing markets collapsing 30%. That is what will provide the deflationary pressure. Not an increase in supply of materials. Not efficiency driving technology.Check this out if you are interested in a different outlook:
Is Inflation "Transitory"? Here's Your Simple Test
Is inflation "transitory" in your household budget? Really? Where? The Federal Reserve has been bleating that inflation is "transitory"-...
I never heard of him before but he makes some interesting points.
Inflation is just transitory:
Powell notes economic improvement, but says the pandemic remains a risk
Powell said in testimony prepared for delivery to Congress on Tuesday that the economy is growing but faces continued threats from the pandemic.
