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Saturday, 05/14/2022 12:17:02 PM

Saturday, May 14, 2022 12:17:02 PM

Post# of 2963
Sunday Europe will reduce oil dependence on Russia by
2 million barrels a day . Safe place looks like oil people .
Everyone will be driving and flying this summer .
Unless Biden does something before the election
Oil will hit 130$
Gas at the pump will hit 6$ To 7$ in New York .
That pain at the pump is a high tax on everyone .
This inflation is averaging 6 k per year to house holds .
And going higher . Business will feel the pain. No raises for most and Retirees will Go back to work bc they can’t afford to stay home .

Sooner late you can’t trade down anymore so something
Will give . Housing and stocks need to selloff
So the fed can breathe . It’s that simple !!

The only good news here is eventually inflation
Is halted but at a high leave .
Good news is we are the best place to money to work .
Watch the 10 year . China and Europe will start buying
Our bonds . Lower our interest rates and start up the economy.
Let’s see if the fed can recognize that all . Usually
They over do things and expect that again .

Still be nimble and be quick .
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