Gas prices are near all-time highs.
Home prices, along with mortgage rates, are at 20+ year highs, which has caused housing costs to skyrocket.
Core inflation is higher than it’s been in over 30 years (albeit coming down).
In spite of this, keep in mind what 99-year-old Charlie Munger said recently, “If I can be optimistic when I’m nearly dead, surely the rest of you can handle a little inflation.”
-Paul R. Rossi