Market Review and Trends
The Economy is about to get worse?
By Value Warrior  •  September 17, 2022
With the recent inflation data from US, I think the economy is about to get worse before it gets better. From the data, US inflation eased for a second straight month from 8.5% to 8.3% year on year. This is good since inflation seems to be slowing down. However, looking closer, the month on month inflation actually increased by 0.1%. This is not a really significant increase but considering the huge drop in energy prices past months, any increase in inflation month on month is really not expected. This is most likely why the market reacted quite negatively towards it. Also if we look at the core inflation rate, which excludes volatile energy and food prices, it increased by 6.3% year on year, the most since March 2022. With winter coming up in the states, energy price is expected to rise again. What do you think will happen to the US inflation rate coming 4th quarter?...
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By Value Warrior
A regular working Joe starting out his value investing journey. I started my investment journey late at the age of 34. Looking back i wish i had started earlier so that power of compounding can work its magic. Nevertheless a good time to start investing is always NOW!!! So here i am having started this journey, i planned to reach Financial independence at age 65. Wish me luck.

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