Feb

28

Bonds, commodities and inflation

February 28, 2022 |

the only commodity i can find that is not near a high is sugar. what else am i missing? between the bonds forecast and the commodity forecast i'll go with the bonds.

it time to educate the ignoramus camp kinderland pronoun person chair of the fed concerning ever-changing cycles. there must be some 20-year old study at the fed which shows that commodity prices tend to reverse. but they haven't reversed for a long time. and to base an
inflation forecast on the out-of-date and non-statistically-significant tendency of commodities to reverse by looking at a core price index rather than an unadjusted one only an ignoramus who doesn't know ever-changing cycles and statistics would be prone to.

everything at the treasury and their sisters at the fed is based on politics. let us assume that the economic numbers will all be adjusted to political expediency by people like the press secretary and the systematic racism person at the Treasury.

apparently i am afflicted with a perfect wife who can fix everything, and does, around our dinosaur house, and i am immobile at 100 years old so I don't patronize Home Depot and Lowes enuf. but i don't share the hatred of the common man and the working man. the progressives despise the working man, the trucker, the plumber, the builder (who's not in a union), the deliveryman, the electrician, the boiler man. I admire them. it's just that my wife handles all of that so I don't get a good tell from Loews or Home Depot.

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