President Joe Biden plans to raise gas prices. That’s not exactly what he said this week, but his Afghanistan withdrawal will lead to higher oil prices. It won’t be long before we see the result of this decision at the gas pump.
Author: Michael Carr
Bubbles require two pieces. First, the market must be experiencing rapid price gains. Second, these gains must be irrational. Right now, homebuilding is too slow to meet demand. That long lead time for new projects means a shortage will persist for years.
When prices stretch too far, they tend to snap in a market pullback. SPY has peaked 5% above its MA. Like a rubberband, it will pullback. This could indicate a general downtrend.
Smart money is buying gold and other commodities to hedge against inflation. To side with smart money, investors could buy commodity exchange-traded funds.
Pets are a big business with a significant number of companies fighting for their share of the profits. Invest in this trend is with an ETF.
Sign-up == X190W368
Conquering the Market Starts Here ...
Our experts do the work to make investing safe and profitable for you. Sign up for FREE access to our Money & Markets daily emails and take control of the Markets!
- Growth and Value? GARP Reveals the Nasdaq 100’s Best Buys April 15, 2021
- Red-Hot Real Estate: One Fund for Easy Exposure + Dividends April 15, 2021
- Biden’s Afghanistan Withdrawal: What It Means for Oil Prices April 15, 2021