TradeSmith – TradeSmith

The pictures are stunning.
Americans lined up in cars at gas stations. Families filling up 5-gallon gas cans and stuffing them into their SUV trunks.
Some people are even trying to carry off the gasoline in trash bags and plastic bins.

In late 2019, I bought a new SUV. It was a first model year, early purchase kind of thing.
Little did I know it would turn out to be a lemon. It’s been at the dealership for over a month for a repair they keep attempting to make.
Outside of work travel, I haven’t been driving all that much during the pandemic. However, the economy is reopening. Interest rates remain low. And my family is ready to hit the road for vacation this summer. We simply need one thing: A reliable SUV...

In about a month, I predict a new search term will enter Google’s Top 25 most-asked questions.
It will read: “Why is the price of corn so high?”
Right now, commodity prices are surging. I’m going to spend the next few days discussing this trend.

A few days ago, I told you that the markets looked frothy.
The P/E ratio of S&P 500 stocks is the highest since the dot-com bubble.
Also, the Federal Reserve warned Thursday that a “repricing” event could come in the future.