A Relentless Surge – by Justin Vaughn
(Justin Vaughn, Editor, Options Trading Report) Inflation Speeds To A 40-Year High… Price rise of 7.5% tops December’s reading as housing and used cars lead the surge. A relentless surge in U.S. inflation reached another four-decade high last month accelerating to a 7.5% annual rate as strong consumer demand collided with the pandemic-related supply-chain disruptions. The Labor Department said Thursday that the consumer price index which measures what consumers pay for goods and services-reached in … Read more…