TOPICS AND TIMESTAMPS:
The Great Divide 0:00
RICH VS. POOR 0:36
BETTER OR WORSE 7:49
POCKETS NOT BLANKETS 12:55
$GPS INSIGHTS
#1 MOST PEOPLE ARE GOING TO BE HEAVILY BURDENED BY RISING PRICES
#2 DEPENDING HOW LONG HEAVY INFLATION LASTS, ASSET SALES MAY FOLLOW
#3 KEEP A CLOSE WATCH, PREPARE, AND INVEST WITH PRUDENCE
Santa Claus Is Coming—But He’ll Skip Some Stores - WSJ
https://www.wsj.com/articles/santa-claus-is-comingbut-hell-skip-some-stores-11634895005
Deloitte: Holiday spending to rise but not among all consumers | Chain Store Age
https://chainstoreage.com/deloitte-holiday-spending-rise-not-among-all-consumers?oly_enc_id=5134A9753601B5Y&utm_source=omeda&utm_medium=email&utm_campaign=NL_CSA+Day+Breaker&utm_keyword=
Deloitte: Holiday spending to rise but not among all consumers | Chain Store Age
https://chainstoreage.com/deloitte-holiday-spending-rise-not-among-all-consumers?oly_enc_id=5134A9753601B5Y&utm_source=omeda&utm_medium=email&utm_campaign=NL_CSA+Day+Breaker&utm_keyword=
Energy boss claims 20 more suppliers face bankruptcy over '£5bn' price cap bill | Business News | Sky News
https://news.sky.com/story/energy-boss-demands-price-cap-reform-as-firms-face-5bn-bill-for-market-mess-12439866
Champagne sales surge close to levels seen before Covid pandemic
https://www.cnbc.com/2021/10/22/champagne-sales-surge-close-to-levels-seen-before-covid-pandemic.html
total card spending 2_0.jpg (613×449)
https://cms.zerohedge.com/s3/files/inline-images/total%20card%20spending%202_0.jpg?itok=174MFEm4
regional divide states spending.jpg (1074×935)
https://cms.zerohedge.com/s3/files/inline-images/regional%20divide%20states%20spending.jpg?itok=q-ryE5NP
total card spending bofa_0.jpg (769×414)
https://cms.zerohedge.com/s3/files/inline-images/total%20card%20spending%20bofa_0.jpg?itok=9NHdf7JZ
Jeffrey Gundlach says inflation will stay above 4% through 2022
https://www.cnbc.com/2021/10/22/jeffrey-gundlach-says-inflation-will-stay-above-4percent-through-2022.html
Update: $26B worth of cargo stuck on container ships off California
https://www.freightwaves.com/news/22b-worth-of-cargo-is-now-stuck-on-container-ships-off-california
Tighter Warehouse Space Adds to the Supply-Chain Squeeze - WSJ
https://www.wsj.com/articles/tighter-warehouse-space-adds-to-the-supply-chain-squeeze-11634896801
Global supply chain crisis could easily last through February | Fortune
https://fortune.com/2021/10/21/forget-christmas-global-supply-chain-crisis-february-2022/
Long Beach Port Chief: ‘Shop Early’ as Snarls to Last All Year - Bloomberg
https://www.bloomberg.com/news/articles/2021-10-21/long-beach-port-chief-shop-early-as-snarls-to-last-all-yea
