U.S. Should Follow ECB Rate Decision After Growth Warning
Outdated models are underestimating growth, and strong growth will continue to push inflation higher.
Getting Bearish
I am increasingly bearish.
I just sold out the balance of my three staples longs:
* ($KMB) $101.92 (+$3.15)
* ($PEP) $148.21 (+$2.51)
* ($PG) $148.05 (+$5.01)
I plan to buy back these positions in a meaningful correction – if we ever get one!
Positions: None.