🚨Caution! Risk Appetite Ahead! Expect significant fluctuations in both directions.
We are soon to receive data on consumer inflation in the USA. Unfortunately, all indications point to it being higher than forecasted, which will significantly impact global markets.
The government cannot afford a crisis before the elections and will do everything to prevent panic; however, the data unequivocally indicates a deteriorating situation.
Ford is losing thousands of dollars on each electric vehicle, there are waves of mass layoffs, closures of local businesses (small businesses represent the majority of tax revenues), decreased demand for luxury goods such as apartments or cars.
History may repeat itself. I foresee a healthy correction, which would present a good opportunity to acquire assets.
