Maria Bartiromo and her co-hosts asked my opinion and strategy regarding inflation and oil, and why not gold while we are at it. As I expected, the CPI prints are still coming in hot. This dashes hope of of Fed cuts earlier in the year. Why investors think this was going to be easy is beyond my understanding. Shelter is high, services inflation is sticky, and let's not get into food and fuel.
My prediction since nobody really knows, is that the current inflation scare could be the trigger for a mild selloff in stocks to what should be a pretty decent year of earnings in the US. Time will tell.