Global food prices jump 33% in August from a yesr ago. pic.twitter.com/tFFMGfAXfL
— Daniel Lacalle (@dlacalle_IA) September 16, 2021
Electricity prices in Europe…. pic.twitter.com/c7Zdjyd24d
— FinTwit (@wallsteetbets) September 16, 2021
*ECB ALSO TO STUDY REPUTATIONAL, OPERATIONAL RISKS BANKS FACE
*ECB CLIMATE TESTS TO LOOK AT MARKET RISK AS WELL AS LOAN BOOKS
ECB really wants energy hyperinflation
— zerohedge (@zerohedge) September 16, 2021
— Win Smart, CFA (@WinfieldSmart) September 16, 2021
Yet they all insist on selling “transitory” to the public, the very public that is having to pay for higher prices while central bankers are gambling with consumers’ pocketbooks by continuing to throw fuel on the fire. t.co/SWbFumyDta
— Sven Henrich (@NorthmanTrader) September 16, 2021
Rallying energy prices are stoking concerns about a challenging stagflation-like environment for markets, where elevated price pressures combine with a slowing economic recovery.Energy prices have soared as economies emerge from the pandemic. The Northern Hemisphere winter could exacerbate the trend, ratcheting up inflationary pressure and…
If Jay hikes rates and inflation doesn’t subside, he’s likely going to have to deal with the biggest stock market panic since 1929 and a surge into gold not seen since the 1970s!
- Prices of goods online have now risen for an unprecedented 15 consecutive months, following what was a historical period of declines, according to a report from Adobe Digital Insights.
- Inflation is hitting categories including pet products, nonprescription drugs, apparel, furniture and flower arrangements.
- The changes mean e-commerce transactions are on pace to account for roughly $1 of every $5 spent by Americans, up from $1 of every $6 in 2017, Adobe said.