Savvy Trades and Investments

[bbotcs]

wadegarret: inflation
I am not buying this. https://www.yahoo.com/finance/news/inflation-cools-further-in-november-as-energy-prices-fall-housing-costs-remain-sticky-134857735.html
The war on fossil fuels has increased the cost of fertilizer, as well as the actual war in Ukraine.
This has caused food inflation, together with high labor costs and higher fuel costs for farmers.
Oil has started to move down, but for how long?
Food inflation and high rent are a big stress on any economy, imo.
When people get their January credit card bills, not to mention electric bills, I believe spending is going to fall off of a cliff.
And let's throw in higher medical insurance costs.
And, the Social Security cost of living increase of 3.something percent is a joke.
My guess is that a big recession will start in Q1.
Oh, yeah, AI. That is too miserable to contemplate. Wendy's is testing AI for taking orders in Ohio locations.
How many jobs will that kill?
Weird times are ahead.