Global Macro Investor & One of Top 3 Global LinkedIn Influencers on Economy and Finance, Mumbai
He is a trend watcher, Global Macro investor and Blogger at worldoutofwhack.com. He has over 20 years of experience in financial markets, bonds, equities, gold, and derivatives. He muses about global macro investment opportunities, economics, business, and financial issues.
Inflation expectations are on the rise
If consumers expect prices to remain stable, then they don’t rush to buy goods, but if they expect prices will rise tomorrow, then they will buy “today”.
New job postings via Indeed.com continue to look strong
Postings will continue to rise, but the openings will be difficult to fill because of generous unemployment benefits. This will lead to rising wages.
Prices of used cars and trucks of up to eight years old that were sold at wholesale auctions in US during the week ended March 21 jumped by 3.1% from the prior week.
- This is mostly a chip problem, but I believe this will happen in more industries due to broken supply chains.
- We are moving from globalization to deglobalization. Companies that can secure their supply chains will be big winners.
Sector rotation continues
Market is just continuing to churn, but I think new highs lie ahead in S&P.
This chart explains it so well!
The problem with gold is rising real yields.