Calzone
Gear Whore #1
There are going to be supply chain issues evolving, because of a drought caused by El Niño in Panama, as well as restricted passage in the Red Sea due to war.
Of course supply chains slowing down supports scarcity and inflation. Here we go again, but it is not Covid and a pandemic.
It will take longer to build things, and there are bound to be shortages.
In my case the time of chasing higher prices is behind us. We spent our money during the pandemic on remodeling and other big expenses like purchasing a car. Our debt load not only is low, but the interest rates on my student loans and on our mortgage are at or very near record lows.
Austerity is not a problem for use and the expected spike in inflation.
I think the recent Santa Rally is overdone. If inflation spikes the proposed three interest rate cuts that the FED “penciled in” those rate cuts likely will not happen. Those projected rate cuts right now pushed the markets to new highs, and in effect created a “wealth-effect” which in turn supports growth and inflation.
Of course added shipping costs and delays will effect energy prices. Right now it is said that the U.S. currently is the biggest/largest oil producer in the world.
In the news Angola dropped out of OPEC. Can the U.S. continue to control the energy market?
Cal
Of course supply chains slowing down supports scarcity and inflation. Here we go again, but it is not Covid and a pandemic.
It will take longer to build things, and there are bound to be shortages.
In my case the time of chasing higher prices is behind us. We spent our money during the pandemic on remodeling and other big expenses like purchasing a car. Our debt load not only is low, but the interest rates on my student loans and on our mortgage are at or very near record lows.
Austerity is not a problem for use and the expected spike in inflation.
I think the recent Santa Rally is overdone. If inflation spikes the proposed three interest rate cuts that the FED “penciled in” those rate cuts likely will not happen. Those projected rate cuts right now pushed the markets to new highs, and in effect created a “wealth-effect” which in turn supports growth and inflation.
Of course added shipping costs and delays will effect energy prices. Right now it is said that the U.S. currently is the biggest/largest oil producer in the world.
In the news Angola dropped out of OPEC. Can the U.S. continue to control the energy market?
Cal