Postcards: Five Things to Buy Before 2025

As monetary inflation accelerates, these assets become damn important...

May 28, 2024

∙ Paid

Market Update: With the VIX under 13 and oil rebounding on Monday, markets are staring head-long into the PCE Inflation figure arriving this week. Markets are still pricing in a September rate cut, with speculation around a second in December. This still seems insane as services inflation remains highly sticky, and food prices are nowhere near the official figures. How much did your Memorial Day cookout cost? The average price was about 10% higher than last year.

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