No stock picks today – nothing passed the 52 Week Low Screen.
Looks like rising Inflation is forcing the Fed’s hand – Interest Rates, and the Dollar are rising in expectation of rate hikes:
- MarketWatch – January jump in U.S. consumer prices is biggest in four years
- ZeroHedge Dollar Extends Longest Winning Streak Since 2012 As March Rate Hike Odds Surge
Gas, Rent, and Healthcare seem to be the drivers – things that are non-discretionary for most people.
Not surprisingly, American’s are stressed:
So, to summarize – things are getting more expensive, and interest rates are going up to try to limit the damage. Invest accordingly.
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