Jozhe

From the pandemic and war to severe weather and historic droughts, a rare combo of terrible circumstances is putting every aspect of food production under pressure — all at once. Global food prices have surged 75% since mid-2020 and are expected to keep climbing. The UN said it’s putting some people in poorer countries at a “breaking point.” Food insecurity is known to lead to more civil conflict and unrest — it was bread prices that helped spark the Arab Spring over a decade ago. #The Most Important Thing

The Most Important Thing

https://www.economist.com/graphic-detail/2022/04/08/russias-invasion-of-ukraine-is-causing-record-high-food-prices?utm_medium=social-media.content.np&utm_source=facebook&utm_campaign=editorial-social&utm_content=discovery.content&fbclid=IwAR1B8vx85EX21BUPkHFKRbEdBQDXZEdXYuDAHTu1Ja6HbxirEN5YMxMiG9g

If this isn’t resolved, we could be heading towards famine in most poor nations 😔

https://www.cnbc.com/2022/03/22/fertilizer-prices-are-at-record-highs-heres-what-that-means.html

If this isn’t resolved, we could be heading towards famine in most poor nations 😔  https://www.cnbc.com/2022/03/22/fertilizer-prices-are-at-record-highs-heres-what-that-means.html

Supply shortages fueled by the Ukraine-Russia conflict, along with a host of pre-existing factors, have driven fertilizer prices to record highs.

Fertilizer prices are at record highs. Here's what that means for the global economy

All meaningful returns in life, whether in wealth, relationships, or knowledge, come from compound interest.

🤓 let’s geek out 🤓

Illegitimi non carborundum

The poorest countries will be hit hardest

Russia’s invasion of Ukraine is causing record-high food prices

who knows anymore...two months ago, the Fed thought conditions were ripe for hiking interest rates to fight inflation: Covid in retreat, a strong labor market, and a rebounding economy. Then Russia invaded Ukraine. 

Now there are signs (?) of possible end, fed hiked rates 25 basis points and offered a forecast for 6 more, but there are still way too many wildcards so....who knows anymore

who knows anymore...two months ago, the Fed thought conditions were ripe for hiking interest rates to fight inflation: Covid in retreat, a strong labor market, and a rebounding economy. Then Russia invaded Ukraine.   Now there are signs (?) of possible end, fed hiked rates 25 basis points and offered a forecast for 6 more, but there are still way too many wildcards so....who knows anymore

Jerome Cody

Both of these statements are true at the same time - short high beta long défensives until May/June

After the rally this week are we still thinking inverse/short ETFs are in the clear for a little while? Or are all longer term indicators (long term being say 2-6 months) still looking red for the stock market?

@Chris Nheu commodity & other sector Inverse/Short ETFs will probably be good for a while

Jozhe

A group of likeminded people in The Most Important Thing are talking about this.