Is inflation lower? It seems like it is; maybe it’s not…what an insane day.
Markets were expecting a lower inflation number; the estimate was 8.0, and it came in at 8.3%.
Digest this for a moment, don´t rush; take it all in.
The problem is not the number but how far ahead we jump.
Let´s examine, immediately the level-headed players started to speculate; in November could the Fed raise rates by a full 100 points? Folk´s what happened to the September Fed meeting, did I miss something? Slow down…Breathe.
This is the world we live in…World Gone Mad.
September Fed meeting is on the 21st, one Fed meeting at a time.
Slow down and smell the roses.
Short-term: Headlines are your buying opportunities.
Long-term: Fundamentals are your guide.
Much success to all.
London – Singapore – United States Canada
Australia – China – Switzerland
Brinks – IDS – Loomis – The Perth Mint