Fed can't argue against three hotter-than-expected inflation reports, says Fundstrat's Tom Lee
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- เผยแพร่เมื่อ 28 เม.ย. 2024
- Tom Lee, Fundstrat Global Advisors managing director, joins 'Closing Bell' to discuss what changed this week, if the last mile of inflation will be harder than initially thought, and more.
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.
45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of… Going from $50k to $600k in my portfolio is surreal all thanks to insights from my financial advisor.
Your adviser must be really good, I hope it's okay to inquire if you're still collaborating with the same adviser and how I can get in touch with them?
She goes by "Melissa Elise Robinson" I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Thank you for sharing, I must say, Melissa appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Mind if I ask you to recommend this particular coach to you using their service?
Leticia Zavala Perkins, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
The economy is favorable to those who where able to get themselves into one investment or another, most people see investment as something big they can’t participate in because they’re too scared to venture into one.
Today we have a lot of opportunities to invest in different commodities, stocks, cryptocurrencies and so much more but some people just sees this as a challenge and shy away from it
So true, thanks for bringing this up to my notice, the truth is this economy wouldn’t be so bad if people indulge themselves more with various investments rather than just depending on their stipends and savings, because the economy wouldn’t always remain as it was
It is good we acquire as much wealth as we can, most people fail to understand what it takes to become wealthy, they want to become wealthy overnight by thinking their savings will help them attain that, they fail to understand that investment is what truly builds wealth. I advise you all key into investing and earn side money than depending on your savings if you truly want to be wealthy
The philosophy of the rich and the poor is this
" the rich invest their money and spend what is left, the poor spend their money and invest what is left"
Poor people think about what they can buy with their money, rich people think about what they can invest in with their money.
Because of the economic crisis and the rate of unemployment, now is the best time to invest in crypto and make money 💯. But you have to invest with the right broker. Anyone here that Know more about crypto currency let talk more about it
There are series of distinct market phases that occur between the market peak and low
It is difficult to make exact projections for the market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.
I agree, It's not just the prices, but also the increasing interest rates that are making it more difficult for people to afford homes. With a good FA you can make up your portfolio.
Agreed. I deal with an investment advisor for this reason. I currently have over $800k invested in a diversified portfolio that has grown exponentially and is suitable for all market seasons. Our current project for this year is a more concrete ballpark target.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.
How
..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
Thanks to Mrs Maria Davis.
She's a licensed broker here in the states
The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas..
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
Aileen Gertrude Tippy is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@@danieljackson87 Who is this advisor you work with? I only started a few months ago, I'm aiming for the long term, and I'm still trying to understand it.
@@michaelrenner3 There are many financial coaches who excel in their profession, but for the time being, I employ Amber Angelyn O’Malley because I adore her methods. You can make research and find out more.
@@danieljackson87 Oh found her! Looked up her full name and she was my top search. Thank you for this! Really appreciate.
*Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Chloe Linda Henderson🇺🇸🇺🇸🇺🇸..*
Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.
Thanks to my co-worker (Alex) who suggested Ms Chloe Linda Henderson.
She's a licensed broker in the states 🇺🇸
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
Personally, I think investors will start to seek more market diversification. can i confidently invest about $350k into the financial markets in 2024? I'm still not sure how rates will effect the market just yet, which worries me a lot.
I think investors who are wary of changing market trends should seek out bear market directions from certified strategists/planners. Safer that way
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?
Amber Russell Bennett is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment..
I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly. Lady looks really great though even with the exams and other stuff.
The current situation is incredibly dire for people in the United States and other countries. The global economy is facing a significant downturn, with increasing inflation rates and unemployment figures.
It is a government inspired crisis this time. The Treasury have to sell Bonds to cover the trade imbalance and the government spending imbalance. In order to sell them they have to raise interest rates and the old long-term, low risk, low interest, AAA investments (including Treasury Bonds), held by the banks (often due to government regulatory policy), become next to worthless. The next milestone is the 15th when the government issue a new batch of Bonds.
TRUMP 2024
Biden is another name for bye
Accurate asset allocation is crucial right now, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. financial advisory is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly a million ROI
Biden is a joke ,can you share more details?
Finally Tom Lee is back in the studio... no more green background 😊
Tom Lee is my favorite of all the CNBC expert guests.
Tom is no Jenny Horn of Schwab.
@@ChupraCumbrahi Jenny 👋🏼 hi
Tom Lee is the only guy out here making real predictions. Everyone else just takes verbal victory laps about stocks that are too late for us to get into.
Tom’s been solid since his JPMorgan days and is the only one willing to risk his reputation with strong and specific predictions.
Nobody is right all the time though
Tom predicted on Monday that CPI would be lower than expected 😅
Tuesday was not making the right predictions....lol...smh
That's a guy?
No body can predict anything PERIOD
🐒 vs Tom Lee.
Take the 🐒🐒🐒🐒🐒🐒.
Tom Lee
He the best
*She
if you're bullish .. Tom's the best... lost faith in Ive's pump .. but Lee is super intelligent .
Ives do be hyped up! But I love him cause he’s keeping the Craig sager swag alive.
Ives is a pump scam artist. He was fine by the SEC before.
Sorry T Lee but now with almost $90 oil mid-April CPI already it toast unless they really rig that OER way back down. September probably best hope of a 1st rate cut unless Iran bombs us
Compared to you a door nob is super intelligent
Ives is Tommy Lee without the government giving handouts to chips
ten thousand hearts skipped a beat when he accidentally said "one hike"
In Tom we trust
Look up Within Heaven's Gates by Rebecca Springer. Page 64 😇
Enjoy loosing money he calls for higher at every market top
He just came from applying at Wendy's 😂😂😂😂
trust but he said Inflation is going to fall like a rock but it didnt
@@ChupraCumbra it did ..except for auto and insurance
Ladies and gentle men....Tom Lee....😊😊
Lol he’s terrible I know
@@user-ys9sw2gy5gYou’re terrible, we know.😂
Investing in this economy is a hell at times for the average person that wants full control of their finances, Even investing in ETF stocks can be risky.
I gotta admit, I took a hit in the profit department with my stock moves.
The question to be asked at times is not if the government or the economy is responsible for the sudden dramatic shifts in the economy but if we are taking the necessary measures to avoid making losses no matter the situation even if the pay roll is not in your favor.
One of the reasons i follow up these stock videos is to improve the returns of my investments and i can’t really say I’ve been seeing noticeable change though …. I’ll keep following to improve my investment philosophy
What would you consider the necessary measures though? I was at a seminar two days ago where investors gave their opinions on how we can better investment for proper returns.
At times not just creating smart investments but buying assets can improve your profit margins in the long run.
I'm a FSInsight member. Tom is the only guy who makes clear decisive calls about the market, there is no "if", "maybe", just clearly a "up" or "down".
LOL, inflation is actually lower than the CPI/CPR because of stubborn components? In the real world, Car / Auto insurance up 20 Percent plus, Property Taxes Up, Food and Restaurant up above reported CPI/CPR, energy up big time....
Fundstrat's Tom Lee is a National Treasure! ☝🙌👏🏆💯🥇
Permabull don’t even know what’s going on. Dude called for 3 rate cuts this year. That definitely ain’t happening.
This guy is almost certainly in the pocket of the Bigs.
Helping to keep the market up while they unload their bags on retail up here.
@@t.tomantasaur9399 Just like puppet Cramer.
If Cathy wood wore a tie. Guy got it right once now he's a seer
How
Do you know? Recession could happen if oil spikes. Dumb comment
We love you Tom, what an absolute Chad. Hero for bulls.
The only thing aberrant about the CPI is the fact that it is undercounting inflation. Unfortunately, the Wall Street crowd never feel the pain main street does.
Fundstrat says Investors should immediately buy the stock market's post-CPI dip with a June rate cut still on the table. I have over $800K in savings; What's the most effective strategy to allocate funds in my portfolio and generate profits?
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
*Natalie Marie Gentry* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
Things were on sale for a couple days this week, nice buy-point for the long-term IMO. Bought three times this week.
44 pe ratio yeah great idea
Tom! Thank you for your guidance. All best to Fundstrat!
People don't understand that the prices of things are
never going back down, This inflation is deeper than
we think. Those buying groceries are well aware that
the real inflation is mych over l0%, The increments
don't match our income, yet certain investors still
earn over $365,000 in stocks and assets, Wish I could
accomplish that.
Very possible! especially at this moment. Profits
can be made in many different ways, but Such
intricate transactions should only be handled
by seasoned market professionals,
How can someone know a professional broker when legit once are hard to find this days
" Corina Michelle Nash is the licensed
advisor I use. Just research the name. You'd
find necessary details to work with a
correspondence to set up an appointment.
Wow I'm just shocked you mentioned Corina
Michelle Nash, thought I'm the only one
trading with
her
I was skeptical at first till I decided to try. Its huge returns is awesome.
You can tell Scott was the kid in school who was always afraid to fight someone.
"What if he hits me in my nose and my nosebone goes to my brain and kills me?".
Tom hasn't turned bearish, party is still on🎉
He never does
@stocks9662 he did in Aug 2023 and said first half of 2024 should get pullback.
You're clearly biased and emotional.
He was also bullish going into 2022 when the market tanked. Not much of a track record.
I wouldn’t hate it if you did a video everyday! So appreciate all the time you take putting these together! You’re the best!
Thank you Tom
Good content Tom Lee.
Tom Lee is the best.
Yes thank you Tom Lee .Eloquent and Well Versed in Markets present and Historical points.Knows what's happening PPI didn't match CPI rise. So something is off on CPI and car insurance makes sense.Im buying this Dip bigtime.Hope the Dip is not just a Flash.Give me more time to Accumulate
Just buy all in one big dump
Go all in
The money market hasn't been too kind to commoners lately. I feel like I'm not making as much as I could be.
Have you considered getting a financial advisor? They could help optimize your investments.
@@LeahLewis-ny9iu Hmm, who do you use?
@@EricaWaters-lr6zw I work with Wendy Joyce Woods, a former Wells Fargo advisor. She's been handling pecuniary matters, which is now in six figures.
Wow, that's impressive! I've heard of her. I'm excited to hear about her success stories. I've actually had my mortgage paid off by following her guidelines calls.
That's amazing! I've been thinking of getting a fiscal advisor too. I did a quick lookup and found it so easy to schedule a call with Wendy Joyce Wood.
His last video he predicted a 6 to 7% correction. Looks like we are headed that way.
No, his last video predicted a CPI below expectations 😅
@@mattwalter6207 Oh ok. I didn’t see that one. One wrong prediction in 3 years ain’t bad.
That was like 3 months ago when he said that but then market kept going up past his 5200.
No his last video Monday he was bullish. He predicted 6-7% down in early March. Wrong.
Why we are going have a correction
We want more Tom Lee
More Tiddies....
In Tom we trust.
I needed to hear this💯
In the FED engineered cheap money environment every idiot is a genius. The real test will come when the liquidity dries up (lag effect). Don't forget Tom has been wrong throughout 21 and 22
There was a news on 8 April where tom Lee said expect stocks rally after cpi report,however the other way round
Talk me off the ledge, Tommy Lee! Your words are very soothing.
The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
Did I hear Tom said SP will be 5500-5600 by the end of the year? We should jump in right now! But I do think it will go back to 4800 before bounce back again.
"We"!!!
😂😂😂
Alright buddy. Get in there!!!
Yeah that's right. This mean once it goes damn down we should load long term call options since rise is enevitable from there
sorry，Tom predict 5600-5700
Tom did say there would be some pain before second half prosperity. So far he’s on track.
El-Erian makes a valid point: when the Fed targeted inflation in 12-18 months, they provided a nominal anchor to the economy and to expectations. This running from one PCE to another PCE is nuts and shows how shortsighted was their new operating framework put in place in 2022. The latter is on the Fed and only on the Fed.
No one can time it but everyone can see the obvious. The final stretch of disinflation will be tougher as consumers sustain lifestyles hoping for that policy cut until they’re truly on household budget fumes. The economy is thriving and there is no widespread unrest, the cuts will only come when the decline in the retail sector is significantly pronounced. For now, cutting will only risk further risk-taking.
Tom Lee, never stressin. A good role model.
Tom had it right the first time 😂😂 we do need at least one more hike
I almost had a heart attack when Tom said hike!
Why? Are you not heavily invested in real estate?
WOW, ya, that was dumb.
Lol 😆
hahaha I've never see him panic like that before
Rates need to be between 12-18 bps. We need to be ruthless to get inflation down. If there's a recession so be it.
Tom's a legend. We need more of him doing the interview from inside a moving car.
Great encouragement from Tom, hopefully geopolitical tensions will decline
Guy who made the thumbnail deserves a raise.
I've been buying the dips but it keeps dipping!
It does? 36 months were up or down?
We need a 10% sell off from here for me to even think about nibbling.
Just keep doing it until you run out of money!
Hike the rates...
But U of M inflation expectations came in hot? Not sure about some of the points tom made today. Yes consumer sentiment came in cool, but 5 year inflation expectations were 3%
In tom lee we trust
Tom knows exactly what's coming.... 6000 s and p very possible 🎉 most people didn't catch what he said, "5600-5700, maybe higher". If you think you need a lot of rate cuts to get there, then ask yourselves how we got to 5200 😂😉
Tom Lee is like a mad scientist of the stock market. I’m with Tom
In Tom we Trust
Love Tom Lee! The man!
Love this guy
Tom Lee never turns bullish.
I never heard him saying market would go down. In year 21/22, he kept saying it would go up while nasdaq was falling from 16.2k to 10k
I'm no financial expert but if people wouldn't keep panic selling every time Papa smurf said something like a bunch of teenage gossip girls flip flopping on whose hot for the day, then there wouldn't be a problem. I mean... we're all investors after all. We control the game. If this were monopoly just stop charging people rent on your hotels and let everyone keep collecting that GO money.
If I'm a consumer and am interested in buying an apple product or some junk off of amazon... The federal interest rate wouldn't matter jack squat to me. Business is doing well. Unless if you're in the market for a home lmao. Invest in the truth. . .
I don't understand how he says to buy the dip when we are at all time highs....
He literally explains to you why. You just choose not to believe him.
We were at all time highs.
This guy is getting ready to get Run Over like they all do eventually.
Calling S&P 5600...
Waaaaay better chance of 4600.
Good Luck.
The JPM & BLK earnings could just have easily supported a strong earnings (even w/higher for longer) rally. I think the Iran situation is what actually spooked the market. Strange no one on air even mentioned this as a possible cause.
As long as they show us Toms face when sheet hits the fan. That’s all I’m asking for.
Tom Lee aka Dead Eye, what happened to your opinion of market pull back of 10%?
Nvidia dipped by 10% so did many others
i love tom he keeps me upbeat about my portfolio spread
S&P 500 hit 5600-5700 end of year. Tom the bull and I'm here for it. 😂
Yeah, if you look at the categories, it's really only shelter and auto insurance (listed under Transportation services).
Shelter is a supply issue, and auto insurance really doesn't have anything to do with rates, so I'm not sure if the Fed can even do anything about it
Not going to live, I miss the background whistles and beeps from the stock market room.
Let's go Tom!
In Tom Lee We Trust 🇺🇸📈
What does he mean by backloading?
everthing is temporary unless its fatal
If we continue to take items out of the basket for inflation evaluation, you can be left with an analysis that it’s only 1%, it’s transitory, etc. Let’s be transparent and go back to a similar basket that Voelker evaluated…then make policy decisions. Constant revisions make people believe the books are cooked and political timing/ gamification is real.
Never know what could happen. The year is still early and inflation can cool by year end with rate cuts igniting a rally. The cpi was hot only by one tenth %. Yet to be seen but if it does happen, 6000 is not off the table.🥁
Dude seems legit, he made a good case. Data in April, May could change everything and if a cut happens stock market will pump.
Gold signaling problems ahead.
gold is a fear factor
Yep. People are missing the slow ball in front of them. If people are investing in a no yield investment over anything else, there's trouble.
Not true in this case. I invested in gold just to put stockgains in gold after the rally. I have money on the sideline to put more in stocks cause I'm still bullish.
Na look at gold from 2009 on. It pumped and so did the market…. For years.
Gold sells off with stocks...
Can we just admit rates aren’t high enough?
1:28 Freudian slip 😅
Inflation this time was mostly insurance price gouging and rents going up. You can solve both without keeping rates high by threatening them to cut it out on the insurance. for rents, lower rates would soften pressure for rent hikes that landlords are forced to implement when their mortgage and insurance costs sky rocketed
Gotcha 😮
Where do you see the market by the end of the year?
Tom Lee: 5600-5700
What if we enter a recession?
Tom Lee: 6200
Tom Lee bringing math and facts.
I discussed 2 weeks ago the fed wouldn’t be cutting rates before cpi data came out this last week
Tom always win 🎉🎉
We miss you Tom!!!
ME: Scared 😱 Scared 😱 Scared 😱
TOM LEE: Buy 😎 Buy 😎 Buy 😎
Tom thought small caps would rally 50% this year. We are a quarter of the way through the year and small caps are down…
He said in second half of the year. Fir this part of the year he said it will be bumpy..
But certainly missed cpi for march projection
@kokica007 I’m sure in his 50% for the year he predicted 0% of that 50% would be realized a quarter way through the year. lol cmon
Inflation is here to stay till the interest rate goes up - maybe 8% to 10%.
I don't want to see something like the 1920s stock market.
Tom Lee is so good.
Good 4 Nothing
But Cathie Woods and Elon Musk said the US is experiencing deflation now, so who is right?
Raise the rates before the entire middle class is on social services.
Cut government spending. To much money in the money supply.