Hello inflation my old friend!


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	Why I love these “lazy trades” on one special ticker Thursday, October 10th


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	“But we cannot simply sit and stare at our wounds forever.” - Haruki Murakami


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Markets Today

🌏 Asia-Pacific: Up

🇪🇺 Europe: Down

🇺🇸 United States: Down

🛢️ Oil: Up

⚡ Crypto: Down


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•		Core CPI rises: The Fed’s preferred metric is moving up again (link)

•		World economy growing: It’s not all stormy weather (link)

•		Home sales still slow: Interest rates are still too dang high! (link)


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🤔 My Thoughts

Well well well…inflation comes in hotter on the back of the Fed’s historic rate cuts. Meanwhile, joblessness grows. An interesting situation. Stagflation inbound? Potentially. However, don’t expect anyone to reveal truth until after the election. That’s when we’ll know if the economy is actually ok…or not.


	To Better Trading, Alex Reid Wealthpin

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Hello inflation my old friend!

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