COVID-19 Inflation Pre-Pandemic to Post-Pandemic Sees Rise from 10% to 17% - Experienced Trader Since 98'

COVID-19 Inflation Pre-Pandemic to Post-Pandemic Sees Rise from 10% to 17% - Experienced Trader Since 98'
COVID-19 Inflation Pre-Pandemic to Post-Pandemic Sees Rise from 10% to 17% - Experienced Trader Since 98' Screenshot From Pexels Official Website

COVID-19 inflation effect sees a massive pre-pandemic to post-pandemic difference as inflation reportedly grows from 10% to a whopping 17% after COVID-19. How bad could these numbers be and how did the pandemic affect inflation?

COVID-19 Effect on the Economy

According to a certain account @xtrends on Twitter COVID-19 inflation will bring inflation to 17% after COVID. In order to thoroughly understand where the statement is coming from, the twitter users' bio lists down the credentials of the owner of the account.

xTrends is reportedly a trader, painter, engineer and has been trading ever since 1998. One thing also noted is that the account's life's work includes the Structural Principles of Market Trends. Aside from this, the account also supposedly belongs to the founder of Turkuaz Global and D&Co Capital Sciences.

Post-COVID-19 Inflation

Doing a quick search online would not be too fruitful as the name of the founder is not readily available. What is available, however, is the account's market watchlist. According to xTrends, before COVID-19 ever happened, the real inflation was at 10%. After COVID-19, the account states that it will be at 17%.

It was also noted that the CPI number is actually "completely irrelevant" and that China now has "more reliable numbers" compared to that of the United States as of the moment. T-Bonds were also noted to be rising due to the whole reverse repo operations of quite epic proportions. This is now the only transitory thing as of the moment.

According to the account's page on Stocktwits, there are 32 markets being watched by this account.

Here are the markets being watched by xTrends:

  • SMH - VanEck Vectors Semiconductor ETF

  • SOX - Philadelphia Semiconductor Index

  • TF_F - Russell 2000 Index Mini Futures

  • YM_F - E-Mini DJIA ($5) Futures

  • NQ_F - E-Mini NASDAQ 100 Futures

  • ES_F - E-Mini S&P 500 Futures

  • USDX - US Dollar Index

  • GC_F - Gold Futures

  • GLD - SPDR Gold Shares

  • VXO - CBOE OEX Implied Volatility

  • CPC - The CBOE Put-Call Ratio

  • TICK - NYSE - TICK

  • TRIN - Arms Index

  • RVX - CBOE Russell 2000 Volatility Index

  • VXN - CBOE NASDAQ100 Volatility Index

  • VXX - iPath S&P 500 VIX Short-Term Futures ETN

  • VX_F - Volatility Index Futures

  • VIX - CBOE Volatility Index

  • TYX - CBOE 30-Year Treasury Index

  • TNX - CBOE 10-Year Treasury Yield Index

  • TLT - iShares 20+ Year Treasury Bond ETF

  • OIH - Oil Services HOLDRs

  • XLE - Energy Select Sector SPDR

  • XLF - Financial Select Sector SPDR

  • DJIA - Dow Jones Industrial Index

  • RUT - Russell 2000 Index

  • IWM - iShares Russell 2000 Index ETF

  • NASDAQ - NASDAQ Composite

  • QQQ - PowerShares NASDAQ-100 QQQ

  • DIA - SPDR Dow Jones Industrial Average

  • SPX - S&P 500 Index

  • SPY - SPDR S&P 500

Read Also: CES 2021 to Showcase 6 Next-Gen Robots -From COVID-Fighting Bot to 'Guinea Pig' That Expresses Emotions!

While it might be quite hard to confirm as to whether or not inflation numbers post COVID-19 will indeed reach 17%, this is an alarming thought to think of. With the massive inflation, people have to beat it either by earning more, protecting their capital, or invest in higher interest assets.

Related Article: WHO Claims No COVID-19 Herd Immunity This 2021; Here's What It Suggests You Should Do

This article is owned by Tech Times

Written by Urian B.

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