With rate hike and we still have a broken supply chain issues. I think the price would stay higher in next 6-9 months. Let’s take a example of 50 inch TV current price- 250 Now with the rate hike, I expect it price to drop- 240 But, with the added cost of truckers, gas prices, workers that cost is being added to consumer. With that being said, the price now becomes 260 bucks. Does my analogy make sense. What is chances if we having inflation, high rates and unaffordality and nothing happen for 6-9 months. What’s your take on this kind of scenario?
Rockb · Jun 17, 2022 8:47 AM · 9,074 views
Truckers and movers are getting subsized gas price so the grocery price should decline after august . Rate hike means banks prefer lending their money to federal than their customer . This will suck up excess liquidity in the market limiting purchasing power . Housing price has started delcling , current hike will further freeze the housing business . If they initiate purchasing gas from Venezuela like president said last night , we dont have to wait until 9 months to get things better . Time to buy good stocks again but gradually. I m relatively new to the US but this is how i see things . A new oppertunity for newbee ilke myself in the stock market to catch up with other regular stock veterans as most of them(if not all) are 80% DOWN . I take this as an oppertunity.
log on · Jun 17, 2022 10:38 AM
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