Inflation remains non-threatening, but
increasing at a higher rate so far in 2018. The mild threat of deflation
remains arrested for the time being, which has been
stated since early 2016.
Keep in mind that a growing government
continues to accelerate the inefficiency of monies propelling not through
the economy but to corruption and/or ineffectiveness. This will continue
to threaten markets, until discourse between the political parties
heightens to absolute disagreement on every point, except defense, massive
reductions in government spending, and the eradication of ridiculous
regulation. A stalemated government is needed to contribute to continued
bull market conditions. Trump's deregulations is helping along with the
tax cut. Inflation, currently, remains non-threatening. The Federal
Reserve Board is, as usual, is a main threat to the economy.
Keep your eye on the daily stock market
Please refer to the
daily stock market report for the latest bias readings.
Click here to see the Producer Price Index.