Schaftlein Report | Producer Price Index up 11.5% in March

Topics: 1) Producer Price Index follows a Consumer Price Index increase of 8.5% in March 2) 56% expect a Recession within the next 12 months 3) According to a CNBC poll, the Cost of Living is the top issue facing Americans followed by the War, Immigration and Border Security, jobs-unemployment, crime, climate change and covid 4) The blame is going to supply chain 69%, corporations 66%, Putin 54%, Biden 49% and the Fed 31% 5) Dutch discusses the markets: a. Growth stocks versus Value Stocks b. Bonds and interest rates c. Commodities d. Real Estate e. Cash f. Crypto? 6) Consequences of war: *Treasury Secretary Yellen warns China of sanctions if support for Russia continues - She also warns of a global food crisis