Independent thinking for complex markets and current events
Ground beef just hit $6.12 Highest price ever recorded by the USDA Up 12% year over year Up more than 50% since 2022 This isn’t a seasonal spike It’s systemic US cattle inventory has collapsed 94.2 million head as of July 1 Lowest mid-year count since 1973 June feedlot placements: 1.44 million Lowest since 2017 …
Prices climbed faster than paychecks again this quarter. Beef just broke $6.12. Social Security faces a mandatory 24% slash starting January 2033. And 40% of U.S. workers now earn less than the inflation-adjusted cost of living. Indeed’s real-pay tracker posted a July spike. 43% of Americans are losing ground on purchasing power. March’s level was …
by kmmeow1 I personally believe that buying put options on small cap ETFs such as IWM & IJR are going to be more profitable than on SPY & QQQ. Why? Large companies have more ability to navigate the complex supply chain issue. Plus, giant firms like Apple and Amazon can afford to ask for favors …