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Blue Skys

01/08/24 2:56 PM

#31729 RE: totffe #31727

We shall see. You are in good company since Fidelity just said the same thing in their webinar. I simply don't believe the inflation numbers. I can't find a single thing that has its price only up by what they say inflation is running at. My cat's food has doubled just as an example. I am personally forecasting stagflation like in the 70's to early 80's. My first mortgage was 18%. Time will tell if I'm right. I don't think it will take long. If I'm right its going to start right quick. Maybe not in the Fed meeting at the end of this month but by one of the two following meetings.
I note that you speak with great authority and honestly I hope that you are right.