The Money GPS

TOPICS AND TIMESTAMPS:

Big Changes 0:00

RISE OF ROBOTS 0:35

RECORD QUITS 9:32

INFLATION QUESTION 11:25

$GPS INSIGHTS

#1 MANY ARE QUITTING WANTING MORE MONEY. BUSINESSES HIRE ROBOTS

#2 AS INFLATION PICKS UP, GETTING BY BECOMES MORE DIFFICULT

#3 LEARN NEW SKILLS, HAVE PASSIVE INCOME, HAVE MULTIPLE STREAMS

America is hiring a record number of robots - CNN

https://www.cnn.com/2021/11/12/tech/robot-automation/index.html

The Metaverse Is the Ultimate Surveillance Tool

https://www.vice.com/en/article/bvnxbm/the-metaverse-is-the-ultimate-surveillance-tool

Rise of the Robots Speeds Up in Pandemic With U.S. Labor Scarce - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-06/rise-of-the-robots-speeds-up-in-pandemic-with-u-s-labor-scarce

Rise of the Robots Speeds Up in Pandemic With U.S. Labor Scarce - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-06/rise-of-the-robots-speeds-up-in-pandemic-with-u-s-labor-scarce

Walmart is using fully driverless trucks to ramp up its online grocery business

https://www.cnbc.com/2021/11/08/walmart-is-using-fully-driverless-trucks-to-ramp-up-its-online-grocery-business.html

Deere Strike Sows Worry in Farm Country - WSJ

TOPICS AND TIMESTAMPS:

Without Warning 0:00

DONE BY STEALTH 0:46

POSITIVE TREND 4:45

PASSING GAS 13:10

$GPS INSIGHTS

#1 INFLATION IS A STEALTH TAX AND IT MUST BE UNDERSTOOD

#2 WE MUST TAKE STEPS TO MITIGATE THIS TRUE LOSS

#3 SOME BUSINESSES CAN ACTUALLY BENEFIT FROM INFLATION

Ray Dalio Comments on Inflation: Rising Portfolios Don't Mean Increasing Wealth - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-11/dalio-warns-about-declining-real-wealth-amid-raging-inflation?srnd=premium-canada

Summers Says Markets Braced for Stagnation and ‘Japanization’ - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-10/summers-says-markets-braced-for-stagnation-and-japanization

The stock market is happy; the bond market is showing worry

https://apnews.com/article/business-5fa9cd69a09996c3ccace84942476e8f

Gold Spot Prices Rise Following 15-Month Downtrend - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-11/gold-s-back-in-vogue-with-bulls-loving-faster-inflation-again

Wheat Nears 9-Year High on Mounting Supply and Inflation Fears - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-11/wheat-climbs-to-9-year-high-threatening-more-food-inflation?srnd=premium-canada

Treasuries Resume Slide on Concern Inflation to Force Fed’s Hand - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-12/treasuries-resume-selloff-on-worry-inflation-to-force-fed-s-hand?srnd=premium-canada

America's grocery bills are surging and there's no relief in sight - CNN

https://www.cnn.com/2021/11/10/business/grocery-prices-inflation-meat/index.html

Inflation-Pinched Shoppers Are Turning To Discount Stores Ahead Of The Holidays

https://www.fa-mag.com/news/inflation-pinched-shoppers-are-turning-to-discount-stores-ahead-of-the-holidays-64839.html

TOPICS AND TIMESTAMPS:

Out of Whack 0:00

INFLATION DENIAL 0:51

REAL ESTATE ATM 8:55

IMPOSSIBLE HEIGHTS 13:23

$GPS INSIGHTS

#1 IGNORE THE MAINSTREAM, INFLATION IS HERE NOW, POSITION ACCORDINGLY

#2 TAKE CONTROL OF INVESTMENTS AND PAYMENTS

#3 CONSOLIDATE DEBT, GET RID OF BAD DEBT, RENEGOTIATE

Yellen Says Fed Wouldn’t Allow Repeat of 1970s-Level Inflation - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-09/yellen-says-fed-wouldn-t-allow-repeat-of-1970s-level-inflation

Inflation 'transitory but not short-lived': Macklem | CTV News

https://www.ctvnews.ca/mobile/politics/bank-of-canada-governor-says-inflation-transitory-but-not-short-lived-1.5655043

Consumer price index October: Biggest inflation surge in more than 30 years

https://www.cnbc.com/2021/11/10/consumer-price-index-october.html

U.S. Inflation Hit 30-Year High in October as Consumer Prices Jump 6.2% - WSJ

https://www.wsj.com/articles/us-inflation-consumer-price-index-october-2021-11636491959

Cost of Electricity Climbs Most Since 2009 in U.S. - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-10/energy-inflation-to-bring-higher-u-s-heating-bills-this-winter

Maine residents brace for power rate hikes over 60%

https://apnews.com/article/coronavirus-pandemic-business-utilities-portland-legislature-9ea76763b8b70aaabcf7965eaf21dcdf

US Inflation: Prices Rise Faster in Atlanta, St. Louis, Phoenix - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-10/inflation-in-atlanta-tops-major-u-s-cities-with-7-9-price-hike

Inflation has taken away all the wage gains for workers and then some

https://www.cnbc.com/2021/11/10/inflation-has-taken-away-all-the-wage-gains-for-workers-and-then-some.html

$GPS Insights.png (1920×1080)

file:///Volumes/GoogleDrive/My%20Drive/GPS/$GPS%20Insights.png

Hot US Housing Market Drives Home Equity Loans and Cash Out Refinancing Binge - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-08/home-equity-loan-rates-incentivize-homeowners-to-invest-in-renovations-stocks?sref=ZMFHsM5Z

Supply chain crisis gives shipping industry record profits, foes - Los Angeles Times

https://www.latimes.com/world-nation/story/2021-11-10/china-global-shipping-supply-chain-crisis

TOPICS AND TIMESTAMPS:

Engulfed 0:00

BIG COLD 0:40

INFLATION NATION 3:10

OIL RESERVES 10:21

$GPS INSIGHTS

#1 WEATHER WILL PLAY A MAJOR ROLE IN FOOD AND ENERGY PRICES

#2 GLOBAL DEBT LOAD MAY RISE AS CONSUMERS FACE PRESSURE

#3 UNREST WILL BECOME A FACTOR, OFFSET BY STIMULUS?

D.C. Suffers Coldest Start To November In A Decade, Violent Arctic Plunge To Engulf The ENTIRE United States, + The Link Between Sunspots And Weather - Electroverse

https://electroverse.net/d-c-suffers-coldest-start-to-nov-arctic-plunge-to-engulf-us-sunspots-and-weather/

Exceptional Cold Wave Engulfs 90% Of China-Beijing Sees Snow 23 Days Earlier Than Usual, North Africa Suffers Rare November Flurries, + Continent-Spanning Polar Cold Sweeps Australia - Electroverse

https://electroverse.net/cold-wave-engulfs-china-beijing-sees-snow-23-days-early-north-africa-suffers-nov-flurries-polar-cold-sweeps-australia/

US household debt climbed to a new record of $15.24 trillion last quarter - CNN

https://www.cnn.com/2021/11/09/economy/fed-household-debt-inflation/index.html

Food Inflation Pushes Up Pot Roast Prices in Canada - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-08/a-pot-roast-can-set-you-back-100-as-meatflation-hits-shoppers

Thanksgiving Dinner Staples Are Low in Stock Thanks to Supply-Chain Issues - WSJ

https://www.wsj.com/articles/thanksgiving-dinner-staples-might-be-hard-to-find-thanks-to-supply-chain-issues-11636453800

Producer prices rise 8.6%, matching September record high

https://apnews.com/article/business-producer-prices-prices-inflation-economy-56eee45eace6035280f7d3b0fe932bdc

bfm89D1.jpg (1003×534)

https://cms.zerohedge.com/s3/files/inline-images/bfm89D1.jpg?itok=5essgd7x

Americans Blow Off Fed Propaganda Inflation is “Temporary” | Wolf Street

https://wolfstreet.com/2021/11/08/americans-blow-off-fed-propaganda-that-inflation-is-just-temporary/

CHART 1.png (1158×748)

TOPICS AND TIMESTAMPS:

Beginning To Unfold  0:00

BUBBLELICIOUS 0:51

ENERGY CRISIS 7:02

BUYING CHINA 14:07

$GPS INSIGHTS

#1 A CRISIS OF EPIC PROPORTIONS HAS COME ABOUT CAUSED BY DEVALUATION

#2 DEBASING A CURRENCY HAS A TRACK RECORD OF ZERO

#3 HEDGE INFLATION, DON’T HOLD TRUE SAVINGS IN CASH

Financial Stability Report

https://www.federalreserve.gov/publications/files/financial-stability-report-20211108.pdf

most cieted shocks.jpg (823×1194)

https://cms.zerohedge.com/s3/files/inline-images/most%20cieted%20shocks.jpg?itok=Lj6mGjb5

Bubble Fears Are Rising as Financial Conditions Flash Boom Times - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-08/bubble-fears-are-rising-as-financial-conditions-flash-boom-times

Fed Financial Stability Report Warns Risky-Asset Prices Are Rising - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-08/fed-warns-risky-asset-prices-are-rising-adding-to-crash-worries?srnd=markets-vp

Fed Flags China Concerns as Deadline Looms: Evergrande Update - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-09/fed-flags-china-concerns-as-selloff-spreads-evergrande-update?srnd=fixed-income

Fed says China's real estate troubles could spill over to the U.S.

https://www.cnbc.com/2021/11/09/fed-says-chinas-real-estate-troubles-could-spill-over-to-the-us.html

Conflict In North Africa Threatens Gas Supply To Europe | OilPrice.com

https://oilprice.com/Geopolitics/Africa/Conflict-In-North-Africa-Threatens-Gas-Supply-To-Europe.html

nat gas goldman.jpg (905×786)

https://cms.zerohedge.com/s3/files/inline-images/nat%20gas%20goldman.jpg?itok=qc-p3ega

European Gas Market Supplied by Russia: Latest News for Winter 2021 - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-07/russia-keeps-grip-on-europe-s-gas-market-despite-putin-s-pledge

gs shelter 2.jpg (642×384)

https://cms.zerohedge.com/s3/files/inline-images/gs%20shelter%202.jpg?itok=E6HLMdbP

Winter Heating Bills Loom as the Next Inflation Threat – DNyuz

https://dnyuz.com/2021/11/08/winter-heating-bills-loom-as-the-next-inflation-threat/

Art Is Among the Hottest Markets on Earth - WSJ

https://www.wsj.com/articles/art-is-among-the-hottest-markets-on-earth-11636380000

Consumers Trade Rib-Eye for Ground Beef as Grocery Prices Rise - WSJ

https://www.wsj.com/articles/consumers-trade-rib-eye-for-ground-beef-as-grocery-prices-rise-11636376400

Used car market gets even more bizarre - Axios

https://www.axios.com/used-car-market-prices-dbea46f6-f8b3-42fe-b972-ece6c0f96de1.html

Used Vehicle Value Index

https://publish.manheim.com/en/services/consulting/used-vehicle-value-index.html

Goldman Bets That Fears of Chinese Real Estate Debt Are Overdone - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-08/goldman-bets-that-fears-of-chinese-real-estate-debt-are-overdone?srnd=fixed-income

China property market may see more pain, though Evergrande crisis may ease

https://www.cnbc.com/2021/11/09/china-property-market-may-see-more-pain-though-evergrande-crisis-may-ease.html

Chinese Developer Controlled by Government Is Latest to Plunge - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-08/chinese-developer-controlled-by-government-is-latest-to-plunge

Fed Flags China Concerns as Deadline Looms: Evergrande Update - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-09/fed-flags-china-concerns-as-selloff-spreads-evergrande-update?srnd=fixed-income

Bitcoin ($BTC USD), Ether ($ETH) Lead Crypto to $3 Trillion Market Cap - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-08/crypto-world-hits-3-trillion-market-cap-as-ether-bitcoin-gain

TOPICS AND TIMESTAMPS:

The Next Phase 0:00

CHINA REAL ESTATE 1:55

TRADE WOES 3:58

SUPPLY AND DEMAND 8:01

$GPS INSIGHTS

#1 MAJOR DEVELOPMENTS INSIDE CHINA ARE GEARING UP

#2 EVERGRANDE PROBLEMS SPREADING TO PROPERTY SECTOR

#3 MARKETS WILL ALWAYS IGNORE RISK UNTIL TOO LATE

Market Focus Moves to Stronger Property Firms: Evergrande Update - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-08/market-focus-moves-to-stronger-property-firms-evergrande-update?srnd=premium-canada

China Bond Rout Shifts From Evergrande to Other Big Developers - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-08/china-bond-rout-shifts-from-evergrande-to-other-big-developers?srnd=premium-canada

China Posts Record Trade Surplus in October as Exports Surge - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-07/china-posts-robust-export-growth-in-october-beats-estimate

1240x-1.png (1240×697)

https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iMlj1t4W9gNQ/v2/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/1240x-1.png

US trade deficit record.jpg (1260×643)

https://cms.zerohedge.com/s3/files/inline-images/US%20trade%20deficit%20record.jpg?itok=rM43A0bq

TOPICS AND TIMESTAMPS:

Huge 0:00

$100 TRILLION 0:50

BREAKING BOTTLENECKS 4:45

INFLATION VS STOCKS 10:14

$GPS INSIGHTS

#1 THERE HAS NEVER BEEN AN INFLATIONARY WAVE LIKE THIS

#2 LOOK INTO THE SECTORS AND BUSINESSES WHICH CAN BENEFIT

#3 INVESTORS CAN TAKE NOTES ON WHERE THE TRILLIONS ARE MOVING

Keynote Remarks by Secretary of the Treasury Janet L. Yellen at COP26 in Glasgow, Scotland at the Finance Day Opening Event | U.S. Department of the Treasury

https://home.treasury.gov/news/press-releases/jy0457

Everything In The $1 Trillion Infrastructure Bill: New Roads, Electric School Buses, Great Lakes Restoration And More

https://www.forbes.com/sites/jonathanponciano/2021/11/05/everything-in-the-1-trillion-infrastructure-bill-new-roads-electric-school-buses-great-lakes-restoration-and-more/?sh=15a66db95a1a

Smaller U.S. Ports Pitch for Cargo as California’s Logjams Swell - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-05/smaller-u-s-ports-pitch-for-cargo-as-california-s-logjams-swell

Visualized: Congestion at America's Busiest Port

https://www.visualcapitalist.com/visualizing-congestion-at-americas-busiest-port/?utm_source=Visual+Capitalist+Infographics+%28All%29&utm_campaign=d1fa1b9b4d-EMAIL&utm_medium=email&utm_term=0_31b4d09e8a-d1fa1b9b4d-44234197

Port of New York and New Jersey reports slower growth pace after 13 months - Container News

https://container-news.com/port-of-new-york-and-new-jersey-reports-slower-growth-pace-after-13-months/

Restaurant prices could see double-digit increases in the coming year — and it’s not because the owners are greedy | The Star

https://www.thestar.com/business/2021/11/05/restaurants-prices-could-see-double-digit-increases-in-the-coming-year-and-its-not-because-the-owners-are-greedy.html?utm_source=Twitter&utm_medium=SocialMedia&utm_campaign=BreakingNews&utm_content=restaurantprices

Help Really Wanted: No Degree, Work Experience or Background Checks - WSJ

https://www.wsj.com/articles/help-really-wanted-no-degree-work-experience-or-background-checks-11636196307

History Suggests That Stocks Won't Like Inflation - RIA

https://realinvestmentadvice.com/history-suggests-that-stocks-wont-like-inflation/

Tesla (TSLA) Surpasses a Whole Index Worth of Energy Industry Leaders - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-05/tesla-surpasses-a-whole-index-worth-of-energy-industry-leaders?srnd=premium-canada

Buffett’s Cash Pile Tops Record With $149.2 Billion On Hand - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-06/buffett-s-cash-pile-tops-record-with-149-2-billion-on-hand

China Evergrande, Strapped for Cash, Offloads Its Jets - WSJ

https://www.wsj.com/articles/china-evergrande-strapped-for-cash-offloads-its-jets-11636104601

Elon Musk on Twitter: "Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. Do you support this?" / Twitter

https://twitter.com/elonmusk/status/1457064697782489088?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1457064697782489088%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fmarkets%2Fmajority-saying-yes-after-elon-musk-asks-twitter-if-he-should-sell-10-his-tesla-stock

TOPICS AND TIMESTAMPS:

Digging Deep 0:00

THE TRUTH 0:46

WHAT’S COMING 4:20

FINANCIAL EXTREMES 8:19

$GPS INSIGHTS

#1 UNEMPLOYMENT STATISTICS DO NOT REFLECT REALITY

#2 PEOPLE ARE QUITTING OR BEING FORCED TO LEAVE

#3 MILLIONS OF PEOPLE NEED GOVERNMENT SUPPORT, STIMULUS

Jobs report November 2021

https://www.cnbc.com/2021/11/05/jobs-report-november-2021.html

100,450,000: More Than 100 Million Not in Labor Force for 14th Straight Month; No Job, Not Looking | CNSNews

https://www.cnsnews.com/article/national/susan-jones/100450000-more-100-million-not-labor-force-14th-straight-month-no-job

Labor Shortages Reach the North Pole - WSJ

https://www.wsj.com/articles/labor-shortages-reach-the-north-pole-11636111800

student loans credit card debt.jpg (923×629)

https://cms.zerohedge.com/s3/files/inline-images/student%20loans%20credit%20card%20debt.jpg?itok=2P2UvXho

Cars Cost More Than Ever With Sales Slumps Amid Shortages - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-05/cars-cost-more-than-ever-with-sales-slumps-amid-shortages?srnd=premium-canada

Storm Season at Sea Poses Latest Threat in Supply Chain Nightmares - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-05/latest-threat-in-supply-chain-nightmares-is-storm-season-at-sea

US Power Grid Is Just Another Casino for Energy Traders - Bloomberg

https://www.bloomberg.com/news/features/2021-11-05/why-is-my-electric-bill-so-high-energy-traders-bets-could-be-the-culprit?srnd=premium-canada

US Power Grid Is Just Another Casino for Energy Traders - Bloomberg

https://www.bloomberg.com/news/features/2021-11-05/why-is-my-electric-bill-so-high-energy-traders-bets-could-be-the-culprit?srnd=premium-canada

Credit Suisse Revamps Business in Post-Archegos Overhaul - WSJ

https://www.wsj.com/articles/credit-suisse-revamps-business-in-post-archegos-overhaul-11636010427?st=zv3a1s5j70hy544&reflink=article_copyURL_share

Gas and Coal Will Be Tightest Since 2014 This Winter, Duke Says - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-04/duke-says-gas-and-coal-this-winter-will-be-tightest-since-2014

Snag_13883623.png (1138×466)

https://cms.zerohedge.com/s3/files/inline-images/Snag_13883623.png?itok=7UzBk2_Q

Canada Goose’s Homemade Strategy Sidesteps Supply-Chain Snarls - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-05/canada-goose-s-homemade-strategy-sidesteps-supply-chain-snarls?srnd=premium-canada

image (53).png (569×405)

https://cms.zerohedge.com/s3/files/inline-images/image%20%2853%29.png?itok=Uu3YWQIu

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https://cms.zerohedge.com/s3/files/inline-images/image%20%2854%29.png?itok=3Q52KFEi

TOPICS AND TIMESTAMPS:

The Catalyst 0:00

NEXT EVERGRANDE 1:06

CHAOTIC COLD 5:40

AFTER FOOD INFLATION 8:41

$GPS INSIGHTS

#1 COUNTER PARTY RISK IS THE ISSUE WHICH CAUSED HAVOC IN 2008

#2 LOCKDOWNS ARE HAPPENING AGAIN SPROUTING CONCERN

China debt concerns: Property developer Kaisa halts Hong Kong trading

https://www.cnbc.com/2021/11/05/china-debt-concerns-property-developer-kaisa-halts-hong-kong-trading.html

kaisa 1638.jpg (1261×659)

https://cms.zerohedge.com/s3/files/inline-images/kaisa%201638.jpg?itok=E4dHG7Hx

Chinese developer Kaisa unit misses payment, debt worries mount | Reuters

https://www.reuters.com/business/chinese-developer-kaisa-plunges-poor-oct-sales-add-liquidity-worries-2021-11-04/

china junk bond yields 11.4.jpg (1260×639)

https://cms.zerohedge.com/s3/files/inline-images/china%20junk%20bond%20yields%2011.4.jpg?itok=6mjv8XsT

Cold air forecast to sweep from north - Chinadaily.com.cn

http://global.chinadaily.com.cn/a/202111/05/WS61848656a310cdd39bc737ae.html

Snag_132eb5f7.png (1143×470)

https://cms.zerohedge.com/s3/files/inline-images/Snag_132eb5f7.png?itok=ttkBPDXL

Pay attention to cold and warm! The temperature in the central and eastern parts of this winter is generally colder-Xinhua English.news.cn

http://www.news.cn/local/2021-11/04/c_1128029887.htm

From Wheat to Vegetable Oils, Food Prices Climb 3% Near Record High - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-04/global-food-prices-extend-surge-to-pile-on-inflation-pressure

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https://assets.bwbx.io/images/users/iqjWHBFdfxIU/idQsJe7srzrI/v2/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/1240x-1.png

Higher Fertilizer Prices Mean More Food Inflation - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-03/higher-fertilizer-prices-mean-more-food-inflation

Meat 'sticker shock' looms as US$3,000 bonuses fail to end worker shortfall - BNN Bloomberg

https://www.bnnbloomberg.ca/meat-sticker-shock-looms-as-3-000-bonuses-fail-to-end-worker-shortfall-1.1676898

Evergrande Has a Grim Lesson for China’s Path on Climate - Bloomberg

https://www.bloomberg.com/opinion/articles/2021-11-04/evergrande-has-a-grim-lesson-for-china-s-path-on-climate?srnd=premium-canada

TOPICS AND TIMESTAMPS:

Transitory Allegory 0:00

DRIVERS? 0:47

COMMODITIES HIGH 7:46

FED TAPER 12:14

$GPS INSIGHTS

#1 MARKETS ANTICIPATE INFLATION TO BE TRANSITORY

#2 THOSE PAYING ATTENTION KNOW THAT INFLATION IS NEVER TEMPORARY

#3 IF INFLATION IS HERE TO STAY, MAKE ADJUSTMENTS TO PORTFOLIO

Inflation down by 2nd or 3rd quarter

We took a step back from transitory (clarify meaning)

“We completely understand what they’re going through” referring to riding food and energy prices

Where Are All the Truck Drivers? Shortage Adds to Delivery Delays - WSJ

https://www.wsj.com/articles/truck-driver-shortage-supply-chain-issues-logistics-11635950481

Lack of drivers hamstringing supply chain recovery - FreightWaves

https://www.freightwaves.com/news/lack-of-drivers-hamstringing-supply-chain-recovery

Truckers tired of taking blame for congestion crisis at California ports - FreightWaves

https://freightwaves.com/news/truckers-tired-of-taking-blame-for-congestion-crisis-at-california-ports

58,900 long-dwelling containers now on penalty clock in LA, Long Beach - FreightWaves

https://www.freightwaves.com/news/58900-long-dwelling-containers-now-on-penalty-clock-in-la-long-beach

Shipping shares in sea of red as broader stock market rises

https://www.freightwaves.com/news/shipping-shares-in-sea-of-red-as-broader-stock-market-rises

Fertilizer Maker Nutrien’s (NTR) ‘Greatest Challenge’ Is Filling Demand - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-02/top-fertilizer-firm-s-greatest-challenge-is-filling-demand?srnd=premium-canada

uranium 2021-11-03_15-29-03.jpg (1259×616)

https://cms.zerohedge.com/s3/files/inline-images/uranium%202021-11-03_15-29-03.jpg?itok=2-81crSN

Mondelez to raise prices by 7% in 2022

https://www.cnbc.com/2021/11/02/mondelez-to-raise-prices-by-7percent-in-2022.html

China’s Economy Faces New Downward Pressures, Premier Li Says - Bloomberg

https://www.bloomberg.com/news/articles/2021-11-02/china-s-economy-faces-new-downward-pressures-premier-li-says

China Climate Goals Hinge on $440 Billion Nuclear Power Plan to Rival U.S. - Bloomberg

https://www.bloomberg.com/news/features/2021-11-02/china-climate-goals-hinge-on-440-billion-nuclear-power-plan-to-rival-u-s?sref=6uww027M

Federal Reserve Board - Federal Reserve issues FOMC statement

https://www.federalreserve.gov/newsevents/pressreleases/monetary20211103a.htm

Fed Dials Back Bond Purchases, Plots End to Stimulus by June - WSJ

https://www.wsj.com/articles/fed-dials-back-bond-purchases-plots-end-to-stimulus-by-june-11635962417