There are two main factors contributing to high inflation right now: supply chain disruptions and the war in Ukraine.
Supply chain issues caused by the pandemic continue to cause problems, making it difficult and expensive to get goods to consumers. The war in Ukraine has also driven up energy and food prices, as both Russia and Ukraine are major exporters of these commodities.
oil above 80 is also causing market jitters. $SPDR S&P 500 ETF Trust(SPY)$
$US2Y(US2Y.BOND)$ is trying to make new highs as some fed officials signal that there may not be 3 rate cuts this year and the fed might cut later than Jun. inflation data is coming on 10th.
do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.
merci beaucoup@TigerStars @TigerWire @koolgal @Asphen
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