I am fearing inflation more each day. Do this exercise. For those who use instacart or door dash, go back and look at your price paid for item pre-pandemic and look at them now. I did it this weekend, the results will most likely surprise you.
“Davidson” submits:
Real Retail Sales soared on recent stimulus activity. Recent reports have been well above the pre-COVID trend and not representative of normal retail activity. Many view this activity as a positive surprise, but it appears to be vast over-stimulation in my experience which is likely to result in inflation.
Investors should be invested in a rise in inflation, avoid fixed income and add to industrial companies likely to benefit from rising prices.
