There are many different forces operating on a variety of timelines. We have the deflationinflation. This is from the supply side disruption but it could end up stimulating a long term bull market in commodities which is expected. play that is always in place due to #technology. At the same time, #oil is leading commodities higher which adds to

Then there is the question where wages go.

I will also be looking at the next velocity of money reading when it comes out. That is going to give some foreshadow of what is to come in my opinion.

Since there is so much money locked in the banking system, I have a feeling what it will look like.

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