EY12
2022-10-12
like//@JLSE:👌👌👌//@koolgal: Cathie Wood has raised important salient points in her letter to the Feds.  I agree with her that inflation and employment data are lagging indicators.  The Feds have a challenging task to balance the interest rates to quell high inflation.  If interest rates are too high, it will cause recession, too low then inflation will rise further.Commodity prices are slowly coming down but they are still rather high.  With the Ukraine war however, oil prices will continue to rise.  There is also a ban on Russian oil by US and its allies.   OPEC has decided to decrease its oil production by 2 million barrels recently.  These macroeconomic factors will result in high oil prices in the near future. I believe that until there is peace in Ukraine, high inflation is here to stay with elevated commodity prices especially oil. For now I believe that SARK will do better than ARK as growth stocks are vulnerable to high interest rates.@MillionaireTiger@TigerStars
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