Inflationary waves of the 1970s…

As inflation decelerates investors will think it's the end of it. Not my view. This is a structural problem caused by secular forces: ▪️ Wage growth▪️ Commodity shortages▪️ Reckless fiscal spending▪️ Deglobalization Inflation develops through waves, we just saw the …

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Deglobalization Is Inflationary

by Charles Hugh-Smith Price cutting is being replaced with price gouging, a substitution that consumers recognize as inflation.. Globalization was deflationary, Deglobalization is inflationary. The entire point of globalization is to 1) lower costs as a means of maximizing profits and …

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U.S. households now own roughly 52% of the stock market and they are now struggling to make ends meet in this inflationary environment… What could go wrong?

U.S. households now own roughly 52% of the stock market. And a look at three major market plunges since 2000 (see chart) shows that equities only bottomed a few quarters after significant selling activity from households occurred. – MarketWatch pic.twitter.com/7Ab0FmTW5u …

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