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This doe's not fill your statement in the past about not watching the market and staying on the computer, other wise you would be still in the trade. But it fits the general most important rule: Do not get greedy when you are right. So, well don and if I miss understood your statement from the past, forgive me.
Any way: May I ask: What is your outlook on inflation in the world according to the actual situation we have in ship cargoes, as China closed again some important ports.
May I assume you are referring to my comment at 13:10? Then you are right. My appointments ended today @ 12:00. So I had the time to watch the most important point of a slump in the DAX.
Maybe I shouldn't have to post about it - but for me it is valuable to detect some important moments on the go. For the followers.
Then about inflation: We see rising numbers in nearly every country. Alarming ones.
As the consumption is rising (especially on COVID-19 effects with no travel, staying at home, not spending money on leisure but spending in wares that have a shift in the demands) we are seeing a shift up in the inflation. Even more than USA, Germany and other presumed for 2022.
Now we see a lot of cuts in the delivery of goods: the "just in time" delivery seems to be dead. Reasons to find. But in the end we will pay as consumers for this lack. See missing computer chips for car makers in Germany: the production is out of any control.
What does it mean?
Many countries gave out their wisdom to production countries. In hope they can delivery everything in time. Which came out that it doesn't work any longer. Instead the knowledge went abroad and is not to get back.
Finally the inflation is here: prices for energy is exploding right now. Banks are taking money from longtime clients with negative interest. Production and delivery chains are no longer working properly. So we can see the reversal of interests in every channel from 21/22.
To be clear: THIS is a very important theme for all stock markets all around the world.
Not mentioned the details about climate change etc..
My conclusion as a economist: The actual reversal of interest will stay for many future years and will fire up the inflation. We are at the beginning right now - exactly since 6 months.
The most effect will happen for poor people.
This does effect starting closing borders, starting wars, killing internet services in some countries etc..
Just think of coin mining and trading possibilities - when restricted the volumes are broken down.
Such said, we see a new decade which is not working as we were used to see in the past.
Sorry to tell (you) about the economic waves with eventually negative effects.
But it is the truth. Just look at the currency pairs. Or the energy consumption.. Or on the rising number of bankruptcies of companies.
Or the transportation companies - flights especially with empty machines to start and land just to defeat "landing slots", bankrupt airports etc.: what we see right now will not vanished in a short time.
This is not all about the pandemic but much more that we reached some red lines not to cross.
My point of view:
From 2022 we will no longer see the same habits like we have seen since 15 years plus.
So I am prepared.
Good trades - and have always some water under your ship!