Wednesday, October 19, 2022

4th Quarter: The Start of the Reprice of the Economies into the Cold Winter Ahead

 Olde Business:

U.S. Markets continue their ''pump and dump'' gyrations over the course of Fed Reserve rate increases.
July 2022  S&P 500 3860 pts
Aug 2022 S&P 500  4305 pts
Oct  2022 S&P 500  3577 pts
Nov 2022 S&P 500  3960 pts

Expect more swings as the liquidity is drained from the ''punch bowl'' and the part-goers come to their senses.
(S&P 500 ~3100 pts)
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Oil is held captive by USA reserve releases, but for not much longer. Europe and other Asian consuming nations will face above $100 USD/barrel oil as Russia and OPEC collude to add to their balance sheets as the world rushes into Clean Energy.

                              Sept 2022        July 2022       June 2022        April 2022         Jan 2022

WTI Crude            79 USD         93 USD        110 USD           98 USD              76 USD    
Natural Gas           6.61 USD      6.71 USD       6.51 USD        6.30 USD           3.82 USD

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China, the WOKE, the anger giant, continues on a course of DIMINISHING GDP numbers back to pre-Tiananmen Square days of yore.
China’s GDP
 
+3.9% Q3 2022, and the

+0.4% in Q2 2022, and the
 
+4.8% in Q1 2022, and the

+4% in Q4 2021, and the 

+4.9% in Q3 2021, and the

+7.9% in Q2 2021, and the

+18.3% in Q1 2021. 

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INFLATION print for Sept 2022, 7.5%, and food is still climbing , while oil has taken a breather until Thanksgiving Day. In October 2022, the USA announces 15 million barrels release from reserves , after 180 million barrels in March 2022. The U.S. government proposes to restock the strategic reserve when oil prices are at or lower than $67 to $72 a barrel. (WTI Oct. 19 2022: $83)

Food prices continue to climb higher, WHEAT the important indicator of
production is not primed for the coming season. China is having problems
 across the globe.

INFLATION is coming, and its looking for a Place to Visit.

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New Business:
Mr Robot quote: ''We live in a kingdom of bullshit, A kingdom you've lived in for far too long'', so right now stay the buying ACCUMULATION course of market investment.

High Yield ETF             PEY
San Juan Royalty Trust  SJT
Walgrens Boot Alliance WBA
US Natural Gas              UNL
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Democracy and Morals are under attack, as the evil lurks into the souls of man.

So Elections around the USA point to a Republican takeover of the House of Representatives and
a possible stalemate in the Senate.
Republicans hold the line on party , and ditch the morals of society and man.
Democrats have no party line, but the ''throw money at it solution'' talk.

Will Women's Right or Will the Inflation be the deciding factor come Election Day ?
Answer, the younger generation spoke, Women's Right!