"Do you think Rishi Sunak gives a shit? No he does not! Neither Rishi Sunak, nor the rest of those clowns in the UK government actually give a shit about doing the right thing of fixing problems. The only thing that those self obsessed ass wipes care about is their personal brands and self enrichment."
Sasha Yanshin: Inflation in the UK has dropped from 6.3% to 4.7% and Rishi Sunak, Jeremy Hunt and the UK Government are celebrating. The problem is that UK inflation is far from over - there are multiple red flags in the data and the only reason it dropped is because of a decrease in the energy price cap. The truth is - UK CPI is in a precarious state with a wage price spiral and the mortgage crisis set to make things worse in the coming months.
The Stock Market Is About To Explode
Sasha Yanshin: US Inflation just fell to 3.2% after posting a 0% month on month movement. This is fantastic news because all the key data is showing that inflation in the US is over. US CPI without the lagging Shelter indicator is at 1.3% and Core Inflation is at 1.9%. Shelter is on its way down - we can already see it in the data but it will take time because of the lag effect. So what is going to happen to the US stock market when interest rates start falling next year and the economy rebounds after a 2-year suppression?
No comments:
Post a Comment