Higher Inflation Coming in Months Ahead!
Higher Inflation Coming in Months Ahead!
Jim Welsh of Macro Tides and Blake Morrow discuss the great jobs data, the yearly revisions, and how CPI may tick lower in the near future, but may start to go back up as Kevin Warch takes over the FOMC. He also discusses the S&P’s recent moves and reminds up about the advance/decline line, and MAG7 vs the equal weighted S&P500.
Jim also gives his Elliott Wave views on 10yr Yields, Russell 2000, gold, dollar and Bitcoin.
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JWelsh@SmartPortfolios.com
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