What Did You Buy Today?

[fenders53]

(06-14-2021, 01:47 PM)crimsonghost747 Wrote:

(06-14-2021, 11:54 AM)fenders53 Wrote: Getting my inflation trade on.  

We'll see if the FED Chief can keep a straight face again while he pretends there is no inflation. 

Haven't you heard, this inflation is transitory!   

I am very curious when they begin to acknowledge it's going to be considerably more than the 2% target for too long.  That sounds laughable at the moment.  Industrial commodities won't stay up 2 to 4X like many currently are, but I just don't see the path back to 2% with loose rates and more stimulus.  Nothing that is making me panic, but it's hard to ignore for anything I am not planning on holding for a lot of years.  It's going to be an interesting ride before too long if we see a few more reports like the last one as we re-open.  Likely a blip on the long-term charts in a few years.