2023 Had Most Food Recalls Since Start Of COVID-19 Pandemic, Report Finds
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ToplineFood recalls in 2023 reached the highest levels the U.S. has
recorded since the beginning of the COVID-19 pandemic, mainly driven by
undisclosed all...
58 minutes ago
Able to take risks? Willing to take risks? Need to take risks?
ReplyDeleteIf answer is "no" to any of the above then probably not good idea. :)
Inflation & disinflation keeps occurring in cycles. The last time with elevated inflation was in 2011/2012 ... gold at US$1900, Brent crude at US$120, unaffordable BTOs, inflation at 6%, PAP kena whacked at the polls ... think people all forget liao LOL! Now inflation is at miserable 0.1% yoy as of Apr 2018.
Periods of high inflation will be followed by periods of disinflation (or touch wood, deflation) & vice versa. Nowadays with ultra flexible monetary & fiscal policies, usually don't stay in extremes for too long (unless govt really incompetent or corrupt).
In fact for those with plenty of cash & not afraid to invest in risk assets should be praying that central banks all around the world quickly jack up interest rates much higher & faster! This will accelerate bear markets (stocks & property) & recession. No pain no gain Hohoho!
Uncle 8888
ReplyDeleteWaiting for posb savings acc int to 8% lIke in the 1970s
May be we can slow down our investing goal to get more yield since we have enough and days ahead are getting shorter.
ReplyDelete