Guillaume Fromentin
••• This isn’t good… Inflation just hit its highest level since May 2023, as energy jumps 18% within a year 👀 By September, inflation is expected to hit 4%, according to the U.S. Bureau of Labor Statistics 😳 As we enter the 11th week of the Iran War, energy inflation is showing no signs of slowing down. Within energy, Fuel oil is now up 53% and gas is up 28%, with gas prices hitting highs not seen since 2022 📈 The scariest part? This higher inflationary environment will be led by an untested Federal Reserve chair, as Jerome Powell will officially step down Friday after an 8-year run 🥲 This could get very interesting… $SPX500 $NSDQ100 $DJ30 $USDOLLAR
Not investment advice. The author may have financial interests in the mentioned instruments.
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