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RE: TIB: Today I Bought (and Sold) - An Investors Journal #311 - Amazon, US Banks, Altcoins
It really depends on which view one takes
A short term view
Or a longer view
I know which one the Fed is looking at. This is the commentary on the latest data
Annual inflation in the US fell to 2.3 percent in September of 2018 from 2.7 percent in August and below market expectations of 2.4 percent. It is the lowest inflation rate since February, mainly due to a sharp slowdown in gas prices and smaller increases in fuel and shelter costs.
If the oil price forecasts on the back of Iran sanctions are right, we will see the gas price effect come out of the data and we go back to trend = rising inflation.