Super Core Services Inflation

“The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of elements or a disease that comes like the plague. Inflation is a policy.”

Last week was another riveting week in U.S. financial markets. The Nasdaq reached new all-time highs, marking the fourth consecutive month of gains for the S&P 500, which has increased in 16 of the past 18 weeks – a 25% rise in four months. During the same period, the Magnificent Seven (Mag7) stocks surged by 40%, Nvidia by 110%, and Bitcoin by 150%, with a notable 21% increase in just the last week. Bitcoin emerged as the standout performer.

“The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of elements or a disease that comes like the plague. Inflation is a policy.” Read More »