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wadegarret

06/27/21 6:28 PM

#88362 RE: bbotcs #88360

bbotcs, oil prices rising is negative

I agree. Just waiting for inflation to go haywire into 2022. I think the market gets hit as inflation proves it's not transitory as the fed is saying. At some point, workers will ask their boss for higher salaries to keep up with inflation. If they say yes, there will be finally be wage inflation, which the fed is sensitive to. If their bosses so no, then workers will buy less, and companies will suffer. Either way, the market will get hit- just a matter of time IMO



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littlejohn

06/27/21 11:43 PM

#88369 RE: bbotcs #88360

Inflation... transitory, Pete and Repeat

walked across the log,

Pete fell off, so who was left?...


so we watch...LJ