A previous post discussed the trends that typically develop during some phases of the business cycle.What is happening is exactly what I wrote below. The economy strengthens. Inflation bottoms and then rises.
Today's news. Industrial production rose a strong 0.8%. Retail sales increased 0.6%. The CPI jumped 0.5%. Commodities remain strong.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked second best gold timer by Timer Digest
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