Image Source: “Inflation’s under control, it’s normal. Not a problem.” The Fed told us this through most of 2021 when inflation was in fact ballooning… but this time they really mean it. And to put a point on it, they slashed interest rates by 50 basis points. And yet… nearly all assets other than crude oil are showing higher prices at faster rates. You know, inflating.The rise in commodities and basic materials seems to be putting wind in the sails of China and emerging markets – they’re moving in tandem. Right now, I’m looking at basic materials, as tracked by the Materials Select Sector SPDR ETF (). The sector is rising and breaking through key resistance levels. That’s what we’re going to look at right now…Video Length: 00:09:47More By This Author:Defensive Posture: Dump Financials, Stock Up On Utilities And TechThe Bulls Are Pressing The Bears As Stocks Consolidate Near All-Time Highs We’re Dealing With Muted Monday Malevolence
This Sector Is Your Best Bet Right Now
