- Inflation is high at 8.3%, but it won’t last forever.
- Coming out of the 2020 coronacrash, retail sales jumped 16% — the largest increase in 30 years.
- Today’s Power Stock, a household name, released terrific first-quarter results and rates an 86 on our proprietary system.
| With inflation at 8.3%, prices seem sky-high for, well, everything. But high inflation won’t last forever. And while certain retailers will struggle, not all are doomed. This chart shows annual retail sales from 1992 to 2021: (Click here to view larger image.) As you can see, sales skyrocketed after 2009. Even during the 2020 coronacrash, retail sales jumped from $5.6 trillion in 2020 to $6.5 trillion in 2021 — the largest annual growth in retail sales since 1992. That’s terrific news for today’s Power Stock, a household retailer. Click here or on the image below to find out more! Check Out Our Most Recent Power Stocks: Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: https://moneyandmarkets.com/contact-us/ Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets expressly forbids its writers from having a financial interest in their own securities or commodities recommendations to readers. Such recommendations may be traded, however, by other editors, Money & Markets, its affiliated entities, employees, and agents, but only after waiting 24 hours after an internet broadcast or 72 hours after a publication only circulated through the mail. (c) 2022 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: Click here to Unsubscribe | | | | | | |
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