Prices Falling?

The obsession with stock market prices falling has the bears ignoring why this market is hanging tough despite the recent collapse of large financial institutions.

Prices are falling. Put another away..... deflation. Yes deflation.

Sure the recent run up in prices... inflation... has proved sticky. Namely due to wages and the surprisingly strong and resilient job market.

And yet we have so many signs pointing to lower prices.

With the opening bell nearing. Lets focus on what the consumer sees, from a price perspective, almost every day. Its the prices at the grocery store. Corn, Soybeans, Wheat, and OATS have all rolled over. And continue to fall in a meaningful way.

Expect prices in the grocery stores to follow suit. Deflation.

Oat futures down over 50% from 2021 highs


By golly.

The grains are all down 20-55%+ from their record highs. With many looking like the downside still has a lot more room to go.

What does this deflationary pattern imply amid a FED that is likely done raising the FUNDS rate going forward?

I think the stock market is telling you exactly what that means going forward.

More on this tomorrow.

Have a great day

Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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