Warning: Inflation is Going the WRONG Way Again!
By Graham Summers, MBA
Well, it’s finally happening!
Throughout 2023, I warned that inflation was not really disappearing from the financial system. Time and again I noted that the ONLY data in the inflation measure that had declined was energy prices.
This trend continues to this day, by the way. See for yourself.
Take out energy prices (and used cars) and the inflationary data is still RISING in every category.
And things are going to get worse soon.
Why?
Energy prices will soon no longer be DOWN year over year. For 12 months, the CPI has been calculated by comparing the prices in the blue rectangle to prices in the purple rectangle. However, in 2024, prices will be compared to the blue rectangle for inflation calculations.
We’ve now had two months of the CPI surprising to the upside. And this is while Energy prices are HELPING the inflation data. What happens when Energy is no longer down on a year over year basis?
Hint: gold has already figured it out. Other asset classes will soon.
If you’ve yet to take action to profit a resurgence in inflation, we just published a Special Investment Report concerning THREE investments you can use to make inflation pay you as it rips through the financial system in the months ahead.
The report is titled How to Profit from Inflation: Three Investments to Make Money”. And it explains in very simply terms how to make inflation PAY YOU.
To pick up yours, swing by:
https://phoenixcapitalmarketing.com/inflationstorm.html
Best Regards,
Graham Summers, MBA
Chief Market Strategist
Phoenix Capital Research