JPMorgan Asset Management Chief Global Strategist David Kelly says US inflation has peaked, falling “gradually” to the 5% range by March, and sees opportunities for investors after recent declines in equity prices. “We’re looking for about an 8% long-term gain out of equities — this is the time to get invested, Kelly says on “Bloomberg Surveillance.”
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what these people are not talking about is de-dollarisation has picked up momentum and more than 50-60 countries have sold dollar debts by the billions, those dollars will come back to USA and cause hyper inflation and trend will continue . talking about relief is a big joke. cashless and digital payments are gaining in, this is just the begining , Americans are living in Disneyland.
only fools support Biden and Ukraine! do not think that this war will bypass America! Putin is determined and Russia will either win or send all of NATO to hell with it. Americans should think about whether they began to live better when this war began! We must be friends with Russia, as Trump did. And only Republicans can change everything.
So we need another 4.5% rate hike in order to bring inflation down to 6.5%?
Don't fall for propaganda people… they will take every cent and lie to your face.
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Invest to save the a** of useless investment bankers
Is it best time to Invest in Silver?
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Inflation peaked so you poor people get a third job so the fed will lower rates. Jack @sd
Economic collapse will happen in 2023. The rich will benefit while ordinary working class will get crushed again! Got to love western elites!!!
Guys anyone that knows if the CPI is being higher than expected? Cleveland estimated it will be hotter than expected and the most analyst think that too.
Inflations and Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
The millions of poor Americans under a Republican party control will suffer immensely. On the other side David Kelly has at least 5 generations of wealth stashed aside and I was wondering why he would say such a thing about a stimulus supplement; just out right no. Pain. Bring the Pain David Kelly!!
Bloomberg propaganda. Spreading lies about inflation. Foods are higher than last month.
June, July, Augus, sept ……….“Inflation has peaked “
Where is the Star Wars 'Its a Trap' meme when you need it?
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Lol "here, hold our bags for us"
You havent bought any diesel fuel lately i guess
So we are not having inflation? The CPI reading is in our imagination?
*as the price of crude has sky rocketed over the last month*…. yeaaaa we've totally peaked lol
Inflation in UK is rampant. Butter up 22%. Tea up 46%.
Why are you people so concerned about elections? The spending during covid was to last for years. $6 trillion over 8-10 years. Fiscal spending is already in the pipeline. Construction spending is already in the pipeline. Elections won't affect inflation. It's already set to rise.