Good morning!
Markets are mixed this morning and recovered pretty strongly after the 3.65% correction or drop from the SPX highs. It was actually nice to see that but not so nice to manage my options positions but we managed to come through profitable.
I always try to look at the what the economic conditions will be six to nine months from now. I do that because that is how the stock market prices itself today. So will economic conditions such as inflation, jobs, earnings, etc.. be better six to nine months from now or will it be worse? Based on the trajectory that I see, I think that we will be better off than we are now. I do realize that things are not great now and many believe that the Fed is way behind on the inflation front but I am in the camp that a year from now we will again be battling disinflation rather than higher inflation. The Feds balance sheet is one of the major factors.
I believe that companies have become much more efficient due to the pandemic and will only improve from here. I believe that digitalization will continue to be the norm and we will have much more of it. I believe that there will be a hybrid workforce; some will work from the office and some will work from home and we will never return what we had before the pandemic.
So there is good and bad and I choose to always leverage the good and make the best of it. Always give forward and it will come back to you tenfold.
Talk soon,
Al Losada
Founder | SimpleOptionStrategies.com
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