Greetings from Dubrovnik, Croatia. We recommend it highly. Nothing but worry. This latest counter-trend, bear market rally lasted 5 days and a strong open. This is quite amazing that since the start of the bear market, the longest rally in days was a whopping 11. It is quite normal to get bear market rallies that…
Last week, we wrote and stated several times that inflation was peaking but also inflation was peaking because it has flushed out severe weakening of the economy. It is continuing to happen and happening in a big way. We saw it with our channel checks but more importantly, saw it in price movements. Back in…
We wanted to repeat our thoughts from June 17. FOR NOW, WE BELIEVE INFLATION HAS PEAKED! For now, we believe inflation is in the midst of peaking BUT FROM VERY HIGH LEVELS. This is not saying much considering how high inflation is but any price drop, especially energy is of import. OIL stocks have topped also….