Why stock investors are starting to really worry a
Post# of 1088
https://www.cnbc.com/2021/02/25/why-stock-inv...ields.html
Gold and mining stocks are the future
https://www.youtube.com/watch?v=709qEQnwo8k
Pull back in Gold and XAU Mining Index from last August high has ended at strong support level. Up trend is being established.
Gold price weekly
https://stockcharts.com/h-sc/ui?s=%24GOLD&...9325303251
XAU Mining Index weekly
https://stockcharts.com/h-sc/ui?s=%24XAU&...0985509425
Inflation is expected to break out from the side way consolidation towards year end
US Infllation rate
https://tradingeconomics.com/united-states/inflation-cpi
Increase in interest rate by the Federal Reserves will stifle economic growth but will not stop surging inflation as it is caused by strong Chinese demand for commodities after resurrecting from the Corona Virus crisis as well as caused by global currency dilution: Astronomical among of fiat paper money has been streaming out the printer around the world to stimulate economic growth amid the Pandemic crisis, chasing finite natural resources among strong demands for natural resources from growing number of industries.
Rising interest rate is only effective in curbing domestic inflation caused by an overheated economy, but since the recovery from the 2008 mini-economic-depression there had been no upward wage pressure while economic growth and new jobs have peaked in 2018, long before the Pandemic hit. So far only 50% of job loss to the Pandemic has been recovered. Increasing interest rate by the Fed will likely plunge the economy into a deep recession, possibly another economic depression.
increasing number of investors will shift from technology based stocks to the Resource Sector stocks amid surging commodities prices. The coming boom in the Resource Sector will likely boost DJIA to the 40,000: Farm machinery manufacturers, mining machinery manufacturers, mineral assay and refinery companies, trucking and transportation companies, jewelry manufacturers, investment and banking industries ............
US annual GDP
https://tradingeconomics.com/united-states/gdp-growth-annual
US monthly new job number
https://tradingeconomics.com/united-states/non-farm-payrolls
DJIA monthly chart 50-year
https://bigcharts.marketwatch.com/advchart/fr...p;state=10