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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (172401)4/26/2022 3:00:08 PM
From: SGJ1 Recommendation

Recommended By
Hawkmoon

  Read Replies (2) | Respond to of 220454
 
Maybe. Gasoline prices have been coming down for the past 6 weeks from the peak in mid March.. Put that into context with all the other things that were supposed to create supply issues that apparently haven't. A lot of the price increases piggybacked on the energy cost inflation, that appears to have hit a plateau. Also, a lot of food, clothing, household, electronics are more price elastic that most realize. Offsets a lot of the current inflation if you are shopping savvy. The store brand mustard is better than Heinz and a buck cheaper a bottle. But maybe I'm too early and Armegeddon is just around the corner..