Loading ...Portfolio Balance increases relentlessly ! More Buyers ,than Sellers !
If you own Gold stocks you’ll be ok ,if no assets,your screwed as prices increase & wages stay flat.
WAGES will determine inflation expectations in the near term … average wage will put a noose around inflation expectations ! Its going to be very hard with immigration at high levels and large per cent of unemployed !
Twenty per cent of Households have NO wage earner which implies a 20 % real unemployment rate ! private sector …and then partial employment is going to keep it down !
This portends a Long term Bull Market as inflation is not a problem …
Very bad for those on fixed income and no assets ..retired are getting screwed by Obama like savers .
virtually no increases in SS for 5 years …no return on assets ! typical Communist economy !