Dollar Stays High Till 2023 - Eric Hadik #5609

Published: Sept. 23, 2022, 12:01 p.m.

Summary: Commodity prices have gone down and interest rates have gone up, but what else is going on? Is inflation peaking? Erik Hadik comes on the show to talk about this, and reports that multiple gauges for inflation indicate that it is most likely at its peak. Erik urges us, however, to not read too far into these cycles\u2014pointing out that cycle highs don\u2019t necessitate an immediate down trend to follow. Tune in for more expert insight. Highlights: -Erik Hadik said inflation was going to peak in Q3; is this true? Commodity prices have gone down and interest rates have gone up, but what else is going on? -There are many gauges for inflation -Each indicator/cycle gives you a certain amount of information or data, but don\u2019t read into it too much. When you\u2019re in an up trend, it could top at ten in one month and then pull back to eight\u2014trading between these -A cycle high doesn\u2019t tell you that there is a down trend to immediately follow -The dollar is making highs and was trading above par with the dollar; it looks like things are coming up -This could be the terminal rally in the dollar leading to a multi-year rally starting next year -We still have a few months left and a few rate hikes -The trajectory of rate hikes isn\u2019t going to stay the same, or even remain as intense -Oil has remained below the significant cycle high -There\u2019s a good chance for cryptocurrency to see a run=up in the coming months Useful Links: Financial Survival Network INSIIDE Track Trading