Double digit inflation will have them back in no time. I hope the guy is wrong (he usually isn’t) but, an economics guy I pay attention to is predicting:
$200 a barrel oil, next summer.
$12 for a pound of butter, next spring.
$9 for a loaf of bread, next spring.
$25 for a pound of hamburger, next spring.
But, hey, the mean tweets are all over....
Best,
Ted
Want to put money on any of this????
Thought not.
If you are willing to consider Europe, you already lost.
$200 a barrel oil, next summer.
Your “economics guy” is 6% in the hole today. Maybe he didn’t figure in Omicron and Manchin.
Is it Cramer?
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Booyah!
No. Oil didn’t end down 6% today. But give Cramer his due-he would have told you you were an idiot for buying an RBL.
If you wanted him pointing and laughing at you, just bring up the Cub.
Best,
Ted
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Your motorcycle should be worth more than your hockey stick.
