Stocks Rally On New Inflation Data - But There's A Problem...
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Top Comments (10)
Food and energy are not counted yet are two of people's largest necessary expenses.
The average American consumer is the frog in the pot of water. They don't notice the heat until too late.
Sadly, the only thing that helps the people is a deflationary period. Cutting interest rates is a temporary fix. The entire economy of the US is overheated with unsustainable prices which leads to unsustainable living costs
Polishing the brass on the Titanic. Nobody sees what’s coming. Get out of debt now. Don’t buy “stuff”.
I paid off a traffic ticket a month late yesterday and it made me feel better to know I got a .04% better deal on my ticket by waiting a month.
That’s true I spend more on food than rent
Spot on Jaspreet. 🎯 It's easy to say "inflation has slowed" when prices for nearly everything are at all-time highs.
You rock. You are such a good communicator.
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/60bef8 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
It's all intentional.
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Top Comments (10)
Food and energy are not counted yet are two of people's largest necessary expenses.
The average American consumer is the frog in the pot of water. They don't notice the heat until too late.
Sadly, the only thing that helps the people is a deflationary period. Cutting interest rates is a temporary fix. The entire economy of the US is overheated with unsustainable prices which leads to unsustainable living costs
Polishing the brass on the Titanic. Nobody sees what’s coming. Get out of debt now. Don’t buy “stuff”.
I paid off a traffic ticket a month late yesterday and it made me feel better to know I got a .04% better deal on my ticket by waiting a month.
That’s true I spend more on food than rent
Spot on Jaspreet. 🎯 It's easy to say "inflation has slowed" when prices for nearly everything are at all-time highs.
You rock. You are such a good communicator.
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/60bef8 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
It's all intentional.