GREY:XEBEQ - Post by User
Post by
filoux004on Jun 12, 2022 8:38am
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Post# 34749882
My two cents
My two centsGood morning, my two cents...I'm no Nostradamus, I don't have a crystal ball, what I do know is that inflation hit 13.50% in 1980 and the 10 year US bond peaked at 15.82% in 1981. Move to June 2022 inflation is clicking at 8.7% and the US 10 year closed Friday at 3.16%. To state that banks are in freak out mode is an understatement. If you google what caused inflation in the 80s you get 'Rising oil prices, govt overspending and rising wages' sound familiar??? Oh you can add rising food prices. No time to be a hero, no time for bottom fishing. Just my thoughts on this beautiful Sunday morning. Long XBC ACB 2.01$ and thank god for the NBA playoffs.