Proctor & Gamble just reported Quarterly Earnings. They reported that their costs are increasing & they will be increasing prices on their products accordingly. Prices on a lot of this stuff is already up so get ready for even more increases. As soon as the market realizes that inflation is not “transitory” and interest rates start to turn up it will be a stampede to get out of the stock market.
How about when people discover many of the top priced companies produce no profit?
