Will inflation wind up triggering the next commodity supercycle?

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Hey there, Bullets Fans –

Your Morning Bullets Brief Updates are here! And that means trivia is, too.

On this day in 1864, the United States minted their first $0.02 coin. It was also the first time this phrase appeared on a US coin. Do you know which phrase that was?

Think you know the answer? You can check it in the closing area down below!

Five things you need to know before you start your day

Image Source: NYSE

For those of you just starting your day, it’s worth noting that the US stock futures have dipped this morning after Wall Street bounced back from a two-session losing streak.

Yesterday, the DJIA added 316 points or 0.9%. The S&P 500 rose by 0.9%. Finally, the Nasdaq jumped 1.2%.

Both the Dow and the S&P are just a hair off of their Friday record-high closes. The Nasdaq is just 1% away from their own record close that was set in February.

The 10-year Treasury yield saw a 14-month high in March, but after dogging tech stocks, it has now ticked lower early this morning and is holding under 1.6%.

At 8:30 am ET, the Labor Department released their weekly look at jobless claims – just one hour before the opening bell. In case you forgot, lost week’s initial claims of 576,000 was the best number we’ve seen since the pandemic set in. It was also the first time we’d seen numbers under 600,000 since March 14, 2020.

But what everyone is watching this morning is the airline industry. Here’s why…

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When he got tired of helping the rich get richer, this is what he did next

 

Recommended Link:
Click Here
Paul Mampilly is a Wall Street legend.

(Barron’s crowned his hedge fund as the “world’s best” and Kiplinger ranked it in the top 1%.)

But a few years ago, he left Wall Street.

“I just grew tired of helping the rich get richer,” Paul explains. “So I started sharing my No. 1 investment picks with Main Street Americans.” 

And his No. 1 stock picks across his various research services have been phenomenal.

In 2017, he recommended Plug Power. It gained 1142% in 3.5 years.

In June 2018, he recommended Tandem Diabetes. It’s currently up 520% and still climbing.

In December 2019, he recommended Enphase Energy. It gained 638% in 1 year.

And in March of last year, he recommended Carvana. It’s currently up 877%and still climbing.

But Paul believes his No. 1 stock pick for 2021 could go even higher.

(By clicking this link you will be automatically opted into Bold Profits Daily)

 

Just how high will inflation climb?

Image Source: The Conversation

Right now, there’s one thing that everyone seems to be worried about – and that’s inflation.

After years of trying to “stimulate” inflation, now might be a good time to remind folks to be careful what they wish for. Because inflation is already here, and it’s about to get worse.

In March, the consumer price index climbed by 0.6% from the previous month. But based on a year ago, it was up 2.6%.

And David Roche, the president of investment firm Independent Strategy, expects things to get worse.

He’s predicting that yields could double and that would essentially bring the markets to “the crunch point.” And he’s pegging a lot of that to the huge demand he’s seeing as consumers start spending those excess savings they’ve been accumulating.

But if you think it’s bad now, take a look at what he’s predicting for 2022. 

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Thanks for reading once again! And don’t worry, I didn’t forget:

Here’s where you can go to check your answer!

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Your biggest fan,

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Fredrick Frost

P.S.  How useful did you find today’s Morning Bullets? 

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Fedrick Frost

Fedrick Frost

News Reporter for Morning Bullets, Writes on Politics, Economy, Business & More. Intrested in sharing news With Fredrick? Click Here

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