by Anura Guruge
on April 10, 2024
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It is dated. You can see that — & even check the post.
I said this 2-years ago.
I said ‘Mark my Words’.
Today’s HOT ‘Consumer Price Index’ (CPI) reading caught many by surprise, off guard and flat-footed. Not I. I expected it to be high. I know we still have inflation out there. I see it everyday.
I never bought into the rate cuts in March 2024 fallacy.
I have always been in the ‘higher for longer’ camp when it comes to interest rates.
But, the whole point of this post is that I predicted this HIGHER INFLATION scenario 2-years ago. SMILE. No wonder I do OK when it comes to investing. SMILE.