US inflation is up 6.2% year on year - highest increase in 31 years. Now we wait for the impact on asset prices...
https://twitter.com/iamkoshiek/status/1443100771906621445
If you felt it was a great idea to buy a house for the sole reason interest rates are at all time lows... it's about to get exciting
this is the one chart to keep you up at night (along with those Russian baddies),it's not wage growth inflation, it's higher prices driving the surge
That's a bad place to be, because eventually you need higher wages to maintain purchasing power & it spirals into a complete mess
That's a bad place to be, because eventually you need higher wages to maintain purchasing power & it spirals into a complete mess
the Fed would LOVE to end up at maximum employment with 2% inflation but that's solving a rubik's cube blindfolded during load shedding
if there's only one takeaway here:
when rates increase, there are winners... & it's usually not you
when rates increase, there are winners... & it's usually not you
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