Good afternoon -
Late last year, I noticed an interesting trend in the collectibles and real assets markets. Everything is going up and to the right.
Apartment Buildings
Bitcoin
Commercial Strip Centers
Fine Art
Gold and Silver
Michael Jordan Rookie Cards
Swiss Watches
Vintage Pokemon Cards
Why would every single collectible market be going up at once? Why would every real asset that cannot be easily duplicated be going up and to the right?
The answer is inflation. People are pouring money into real assets to survive the coming inflation.
During the 2008 crisis, people were shocked at the price tag of the $700 billion TARP program to bail out the banks. Since COVID, The government has already passed $2.4 trillion (that's $2,400,000,000,000 dollars!) in COVID response bills. Now the Biden administration is proposing a $1.9 trillion COVID response bill.
All of this free money that's being handed out left and right is going to put more money in people's pockets and cause them to compete for a finite pool of goods and services, which will push up prices on practically everything.
MarketBeat is closely following the new stimulus package and other leading indicators on inflation. Every Monday morning, we'll be sending out a new stock idea to our SMS subscribers based on these developments and other activities in the market. These alerts are completely free, but you need to opt-in to receive them.
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