By: Steve Smith
A few weeks ago I expressed concern over the possibility of the inflation we are seeing seeping into wages.
At the time I said that if we see wage inflation we could see sustained high levels of price inflation in the economy.
Yesterday – when asked by restaurateur John Lanni – how he planned to address the lack of workers because of the emergency unemployment payments, President Biden suggested that Mr. Lanni pay his workers more.
I guess wage inflation is not just a possibility, it is a reality.
That could mean we are in for a rough ride over the next months and years as far as inflation goes…
and that means we need to be very careful when trading.
Don’t get me wrong, there is a lot of money to be made – but you need to be cautious so you don’t react to an incorrect signal.
The normal trading indicators we watch may be reliable or they may be just reacting to an increase (or expected increase) in inflation.
That is one of the reasons I have been very cautious in Options360 recently.
And that caution has been paying off. This week we closed out two exciting trades:
- HLT for an impressive 63% return and
- QQQ for 98% return in just 6 days!
And earlier this week we reentered a trade in QQQ and I expect to see some exciting returns again!
Don’t miss out on the next recommendation…
You can get it, and everything in Options360, for just $19.
To Your Success,