Inflation Report: 11 Jan 2023
Finally there is a sense of relief.
The US inflation is just on a some-what downward spiral.
It's almost as if we peaked at a whopping 9.1% and now dropping to around 6%.
And let's not forget all our friends abroad, like Germany where it's dropped from 10. 4 in October down to 8.6%,
UK dropping from 11.1% slightly down to 10.7%,
Canada's 8.1 dropped to 6.8%,
France's steady 6.2%,
and China's decent1.6%.
And let's not forget our lekker country, South Africa where inflation has also dropped from 7.8% down to 7.4%.
It's just too bad all these numbers are due to supply chain issues, war, and food shortages.
But it looks like we have potentially seen the end of The Great Inflation - and now things should start to settle.
Your thoughts?
Trade well, live free
Timon
(Trader since 2003)
The US inflation is just on a some-what downward spiral.
It's almost as if we peaked at a whopping 9.1% and now dropping to around 6%.
And let's not forget all our friends abroad, like Germany where it's dropped from 10. 4 in October down to 8.6%,
UK dropping from 11.1% slightly down to 10.7%,
Canada's 8.1 dropped to 6.8%,
France's steady 6.2%,
and China's decent1.6%.
And let's not forget our lekker country, South Africa where inflation has also dropped from 7.8% down to 7.4%.
It's just too bad all these numbers are due to supply chain issues, war, and food shortages.
But it looks like we have potentially seen the end of The Great Inflation - and now things should start to settle.
Your thoughts?
Trade well, live free
Timon
(Trader since 2003)
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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