Below is our report from a year ago. Our reader growth has been tremendous. Free Alpha.
Quick Hits:
Our “Rice is the answer” report written 14 days ago was on point… so on point that 3 days ago India banned rice exports (they are the world’s top rice exporter) story here.
Tuesday: US CPI data
Wednesday: UK CPI data
Savings rate at lowest level since 2009. Consumer credit increasing at fastest pace since 2011 (people are poor).
Europe’s “energy affordability” narrative is too played out.
No signs of trend deterioration for the US Dollar. EM’s debt crisis will be real
Zero will be your hero. Make a zero % return this year and be happy.
Watch out for 330 on QQQ again.
Rice is about to break out of a 15+ year range. Read our "Rice is the answer" report from 2 weeks ago.
…While gasoline, wheat and other commodities are weak
China:
China is witnessing a scenario opposite of the US. Lower inflation, easing monetary and fiscal policies. They also were not affected by the inflation is food costs because they are mainly a rice consuming country, not wheat. KWEB>SPX
Contrary to popular belief… commodities have done nothing for 7 months now.
Notable Chart
Bitcoin will hit $25,000 before $18,000.
Remember:
The last thing the fed needs is the market to have even the slightest inclination of a dovish pivot. If that happens, then the market will rally, which in turn will pressure the fed to raise rates even more aggressively. They need to pound the economy into the sand first.
Risk always wants its return payment. NOT INVESTMENT ADVICE.
