Hope…
For 2023 – much like eggs – hope seems to be in short supply.
Inflation has battered much of the world.
Volatile gas and food prices have wreaked havoc for many – spurned on by continuing COVID supply chain issues and the war between Russia and Ukraine – not to mention government overspending of epic proportions…
And it spells disaster for both Main Street and Wall Street.
Couple in the crypto crash uncertainty – and there’s a lot up in the air…
Which has led to doubt and uncertainty.
That said…
We may have just gotten a glimmer of hope.
Rarely is news out the UK something that affects the way I feel about the market or future…
But this recent story may have relit the fire of hope inside.
Investors…
You’ll want to pay attention – because this news could be the best thing we’ve heard this year – and could give us an idea of how the markets will be shaping up over 2023.
Fingers crossed, right?!
So…
What news out of the UK could have a guy like me hopeful about our 2023 investing prospects?
The best kind…
Economic numbers.
So… what has be smiling?
The Office of National Statistics reported that UK inflation eased in December – with prices climbing 10.5% versus the same time last year.
I know what you’re thinking…
“But Gorilla… prices went UP! How is this hopeful?”
Well… if you concentrate on that…
You’ll miss the silver lining.
Of course… it’s a FAINT silver lining… but a silver nonetheless.
Now, Yes… inflation still slapped Brits around last month – as food was 17% more expensive – and even “core inflation” (the metric that removes food and energy prices) was still a hefty 6.3%…
But the silver lining is…
December’s inflation was slightly lower than November’s – a move in the right direction.
This was such good news that the Bank of England even signaled that it will most likely be slowing down the massive rate hike’s it instituted to slow its out-of-control inflation.
Now…
You’re probably wondering why this is good news for US… and not just the British trying to buy eggs at a reasonable price…
Well, because compared to the US and the EU – the UK had it worse than both.
The UK had a tight labor market like the US…
AND an inflated imported energy crisis like the EU.
So, its ability to bring inflation down – even a smidge…
Is something to celebrate.
As long as it can keep this trend moving in the right direction…
Which, all signs point to it being able to do so – then it’s good news for us as well – because if it’s righting the ship…
So are we.
This could lead to a LOT of profit opportunities if you know where to look…
Which is why I’m urging you to become a member of GorillaTrades today.
Our trading strategy has become one of the most popular on the internet because we have a reputation for delivering well-researched profit plays…
Couple that with the fact that we’ve been around since 1999 and you can understand why we’ve got such a good name in our industry.
We’d love to have you on board for the next round of trades…
Which is why I’m urging you join today.
If not – we understand…
Some people like to do all the work themselves.
But if you feel like you need a little help – you know where to find us.
Until next time…
“Every cloud has its silver lining but it is sometimes a little difficult to get it to the mint.” – Don Marquis