Inflation comes with a delay but don't worry it will come, and your pocket will suffer from it.
Stimulus are not free, like anything else.
Take profit of the bullish market while it still runs and the interest rates are near zero. But be aware of inflation.
"A doji candlestick forms when a security's open and close are virtually equal for the given time period and generally signals a reversal pattern for technical analysts. In Japanese, "doji" means blunder or mistake, referring to the rarity of having the open and close price be exactly the same"
RINF jumped out at me today as most of my investments are down during this last trading day of the year. Inflationary index bottomed after 7 years in March and has been on its slow creep up since then as we enter a historical area of consolidation. At the time of this post bonds and gold were up about a quarter percent.
"Inflation is always and everywhere a monetary phenomen", MIlton Friedman said in 1975.
Inflation is the long-bond investor's worst enemy because the principal of the bond is fixed, causing investors to demand higher yields (higher coupon payments) when inflation is high.
If inflation is coming, long-dated bond yields will RISE, which is the same to say that...
Normally inflation falls when there's a recession, but this time that is not happening. Central banks (including the FED) have pumped too much liquidity into the system over recent years and even with the threat of recession, we're seeing some scary inflation data.
From the U.S. Bureau of Labor Statistics: "For the year ended January 2020, within final demand...