The sad thing is, gasoline and other commodity spikes really didn't start in earnest until March. The next YoY number will be epic, probably pushing deep into 8% range. March '21 was 0.6% increase MoM which is easy to beat. I expect to hear a lot more of Biden's phrase "Putin's price hike" as if inflation wasn't a problem before the war.
Really not sure what to expect regarding recession. Money supply, margin, and treasury yields have cooled off slightly. But the economy is re-opening, and now there is war drama. I think a lot of choppiness is in order, so if my SPY leap goes back in the money I'm probably dumping it.
The sad thing is, gasoline and other commodity spikes really didn't start in earnest until March. The next YoY number will be epic, probably pushing deep into 8% range. March '21 was 0.6% increase MoM which is easy to beat. I expect to hear a lot more of Biden's phrase "Putin's price hike" as if inflation wasn't a problem before the war.
Really not sure what to expect regarding recession. Money supply, margin, and treasury yields have cooled off slightly. But the economy is re-opening, and now there is war drama. I think a lot of choppiness is in order, so if my SPY leap goes back in the money I'm probably dumping it.