I suspect once WW3 kicks off we’ll need to ration gasoline. We won’t need any natural gas, obviously, since none of us would dare pollute the environment with a gas stove. God forbid.
Cuck Natty is back down to $2.
Markets are reeling today, NASDAQ -200. I think the Biden trip to Kiev has something to do with it, since it reminded Wall St how serious the US is about fomenting war over peace. But the more pressing matter is inflation and how markets are projecting its return.
How else can you explain rates soaring?
Markets and the economy cannot function with soaring rates. Last year the Federal Govt paid $800b in interest expense on their debt alone, representing 25% of the entire budget. Your government has squandered the future of this country vis a vie nonsensical entitlement and military programs.
Congrats.
Meanwhile, I’m 90% cash, with just SQQQ on the books now. I sold the open and will reallocate back on the long side after 12:30pm, because those are the rules.
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Inflation is not a problem. It is a GOOD THING.
Good for stocks, home value. wages. CD’s.
You see inflation GOES AWAY after a year or two,
but the benefits continue.