I laugh whenever I see this. Or inflation has peaked. Or we have bottomed. Bears have predicted this due to no one expecting over a decade of money printing and kicking the can down the road to this level of pain that is coming up.
A month of inflation not rising does not mean it's peaked. Layoffs are increasing, interest rates rising, QT happening. Have you seen the situation in Europe and China? Together they contribute massively to the world economy. China is shutting down factories, their economy is imploding, bank runs are on the verge of happening and their real estate market is collapsing.
Europe is just screwed. England is talking about rationing power like a third world country, in some European countries inflation is over 20%, war in ukraine, failed Russia sanctions.
In my opinion we are in for far more pain and there's just lots of hopium being passed around right now.
You can't dca your way back from 50-75% losses anytime soon like the majority of people seem to think
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