OTCPK:PGMFF - Post by User
Comment by
Welchspringon Jun 12, 2021 11:46pm
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Post# 33378786
RE:RE:RE:RE:RE:RE:RE:RE:Cpi report points to transitory inflation?
RE:RE:RE:RE:RE:RE:RE:RE:Cpi report points to transitory inflation? You need to wait until the July CPI reports comes out to determine if there has been three consistent months with a down trend. There has been an up trend from January through to the end of April. See the chart below. I need to see the June and July reports to determine if the trend has chnaged or not. January was .4%, Feb. .6% and April .8%. I won't agreed that inflation is transitory until the July CPI report is published.
My bigger concern is what the heck is going to happen with the market. Lots of professional investors are leaning toward a major market correction. I'm guessing something is going to happened before the end of September. There is way to much stimulus money being put into the US system.