Thursday, stocks took a rest yesterday. Oil hit its highest level since before the pandemic. Job openings surprised to the upside.
Yesterday I spoke about the price of flat steel rising and today I found the attached article. The web site is not mainstream but the charts interested me. The article includes charts that show the increasing prices of commodities and the declining value of the dollar. It would be hard for anyone to look at these charts and argue there is no inflation.
Away from the markets Hunter Biden appears to have legal problem as he is officially being investigated according to a statement he released. Let's not jump the gun on his guilt. 17 states are now supporting Texas in their voter fraud case and 48 states have filed suit to break up Facebook.