INFLATION!!!!!!!!!!!!!!!!!!!
Inflation is rearing it's ugly head. The latest statistics show inflation rising at it's highest pace in 15-25 years. What does this all mean? I think this increases the chances that Greenie will drop a 50 on Nov 1, though this chance is probably no more than 25%. However, if inflation continues to soar, interest rate are going to go much higher than many of the bulls anticipate. This will be a dagger in the heart of the housing market, and probably the stock market as well. Asset deflation + price inflation=Stagflation + Recession. As AG says, "Periods of low risk premium are followed by falling asset prices". We have all been warned!!!!!
INFLATION
INFLATION
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