Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.

The FED knows they aren't committed to attacking inflation. They are going to continue to inflate, stocks and commodities will continue to go up with everything else. You can't just sit on cash waiting for a crash, get your money working for you, start buying in slowly and then gradually increase the pace of buying as the prices continue to drop.

With inflation in the United States still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chairman Jerome Powell has told a House of Representatives committee.

With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?

Companies across all sectors, food, energy, and services, report record profits, yet wages remain stagnant. It's easy to work this one out. Yes, rampant profiteering is to blame. European countries are doing better because they regulate their businesses and protect workers' rights.

A number of the most eminent market experts have been expressing their views on the severity of the impending economic downturn and the extent to which equities might plummet. This is because the economy is heading towards a recession and inflation is persistently above the Federal Reserve's 2% target. As I'm aiming to create a portfolio worth no less than $850,000 before I turn 65, I would appreciate any advice on potential investments.

The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??

“I hope I live to see the day when it goes down again”. Damn that hit hard right in the feels.

19% inflation at food prices it is ridiculous

Considering the prevailing inflationary conditions, it appears improbable that the stock and housing market will register substantial gains in the immediate future. Therefore, it is advisable to temper one's expectations and acknowledge the potential length of the market's recovery period. It is my professional opinion that it would be prudent to defer any significant investment decisions until the economic environment stabilizes in areas of concern. Until then, exercising caution and refraining from engaging with the current turbulence would be the most judicious course of action.

What has always scared me the most about the inflation is that we might go into a very bad recession, and that would greatly affect the market. I have been able to accrue up to $293k, and I'm worried about a possible wipe-out from the inflation. I read of someone who's been making more than $23k every month despite this recession. Can I pull that off as a novice?

Bread doubling in price is borderline theft considering traditional bread is made with just 3 very common ingredients...

UK inflation rate: 10.1% Eurozone Inflation rate: 6.9% US Inflation rate: 5% Canada Inflation rate: 4.3% Russia Inflation rate: 3.5% Source: Trading Economics and ONS

It's the mark of us British even when things are not going our way, we stubbornly presume that things are looking good, even when people are paying more than what they are used to. This blindness is much more alarming than anything they will offer.

Being alive is expensive. I’m not even having a good time.

Wow the uk finally is the highest at something

Don’t worry though, all the MPs and big business is taking it in more then they ever have

It's a shame all these so called "experts" don't ever mention "profiteering"

unless corporations are losing money to this (does not seem like it) then this is, indeed, price gauging

We are all being ripped off

The UK is truly doomed.. I don't know how we will get out of this, prices will never come down, they will only slow.. We are in some SERIOUS trouble...

According to certain economists, it's possible that the U.S., UK and certain parts of Europe might experience a recession at some point in 2023. Although a global recession, which is characterized by a decline in annual global per capita income, is relatively uncommon due to the faster growth rates of emerging markets like China, in comparison to developed economies. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to $250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?

I moved to the UK for family reasons. As a young person, this is disheartening, knowing that I've made long term life decisions to be in a country spirling out of control (in more ways this one). Makes me think that I've traded being here for a lower quality of life than I otherwise could have had.

Doesn't matter. The rich are getting richer, that's all that matters in the UK.

but fish, passports, a nice plate of sovereignty........just believe, click your heels together close your eyes and you'll almost believe you're on the sunny uplands riding a unicorn.

It is largely profiteering by the supermarket stores. I was talking to a worker In Tesco the other morning about the price rises in the store, she expressly told me that there was no supply problem at all & they were repricing 100 items a day in the store. Inflation is essentially yet another tax.

Prices are not going to go down, they will just eventually settle at 2-4% per year

Correct me if I'm wrong but weren't we meant to be financially better off now that we are no longer part of the EU? 😕

The IMF says the UK is on the right track. ...... Be worried , be very worried. 😂

High prices are always here to stay. Businesses are always increasing prices complaining of supply costs,I've never seen any of them drop them once those costs reduce

Kitty Usher: Balliol College, _University of Oxford_ Stephanie Flanders: Balliol College _University of Oxford_ Cathy Newman: Lady Margaret Hall _University Of Oxford_ 🙃

Fun fact : The pound in 2015 : 1.42 Euro Now: 1.14 Euro

The difference in inflation rate compared to other countries in Europe is striking .. We are getting poorer at an insane rate..

Still plenty of people driving to mcdonalds, having nails done etc. The biggest problem most people have is lack of financial control and knowing how to budget

Not everyone is feeling the pinch. The people on the lowest income are spending more of their income which hasn't gone up that much in years on just day to day living expenses. When your rich and have assets that generate you money your not thinking about living expenses that's the difference your free.

"It's got nothing to do with Brexit" chant the cultists.

They knew what they were voting for, SOVEREIGNTY!!!!!

UK rest in peace ✌️🕊️

I don’t mind paying £30 for bread but at least raise the hour rate to £80

Funny how 'inflation' just serves as a comfortable euphemism for price gouging.

Let's just face it. No matter what may be the cause of the cost rises, the Tory policy is 'As long as the rich stay rich,'.

Have they stopped printing empty money? This would help definitely!

The UK is just awful nowadays, the food prices, the housing crisis, the increase in crime, the increasing cost of driving, increase in rent, increase in bills, and general awful government methods.

Brexit Broke Britain

Wholesale oil prices today are about the same as September 21, we were paying 137 per litre then. Locally Diesel averages about 167 a litre, the UK's core inflation is about the same as the EU but we are getting ripped off by supermarkets and energy suppliers.

Our government is the reason this country is failing to its knees, this administration putting so many families into difficult situations! I appreciate your advices Sarai! Imagine investing $1000 and receiving $10,350 in 48 hours.

THE HYPOCRISY of the people in power with thousands of pounds in the bank. TELLING the average person on the average wage to cut back and tighten there belts 😮😂😂😂

The companies are inflating prices of items that have gone down for the past 12 months I was watching something about it yesterday, it's unusual all supermarkets are doing the same if they discussed this between themselves that would be illegal. The government should step in.

That economist desperate to avoid saying brexit has anything to do with us being the outlier in the g7

Don't forget, people on the TV are more PR types than economists. When Stephanie Flanders lists all the problems directly linked to Brexit (over-employment, wage rises due to labour shortages, food price increases(due to Brexit related tarriffs and import issues)), and previously linked to COVID and then said its only 'a bit Brexit'. LOL. Energy prices - wholesale prices have fallen down to where they were. Has your energy bill fallen yet? Probably not. PS: Centrica tripled its profits last year to 3.3bn.

In the brexit referendum the brexit liars were saying that, when the UK leave the EU then UK farmers will get their farming subsidy from the UK government instead of the EU. Well that didn't happen. What actually happened is that when the EU subsidy ended, the farmers just got forgotten about. So what a surprise farmers subsidies came to an end and the price of food goes up.

We need to cut wages for nurses again, that should fix it 😂😂😂

What a surprise after removing free trade after Brexit. Who would have thought prices would go up and there would be import issues? 😮😂

The UK always has struggled with food prices the most.. might have to do with the weather and the island position..

The foods I buy have gone up more than 50%. I don't understand how they get their figures.

Money's for war but not the poor..

I'd love to know the salaries of all these people being interviewed.. I bet they're "really" in touch with reality.. You can guarantee that Rishi and his mates are making a fair Bob or two out of our slave to the wage jobs..

I expect to see lower food prices with time in the continent. In the U.K I don't think so. Fruit exporters in Spain are focusing on inner market such as Poland. They are changing the focus from Britain to other countries in the EU.

The UK economy is in a deep funk…..it has lost a lot of competitiveness , same as Europe. High oil and gas price……loss of Russian business……more monies for defense budget. Ukraine reconstruction.

A yes… the right track… feels like it. Europe seems to be having a greater time though… thank god for brexit… not being able to enjoy a solid trading block. 🙃🙃🙃🙃

Taking money away from people can also feed inflation. Look at energy prices. The less energy people use, the more the energy companies increase the standing charges to compensate for people using less.

I checked on natural gas prices on the open market a few weeks ago and found that they were slightly cheaper than five years ago. I wonder how the Eton / Oxford set can explain the ridiculously high energy costs in spite of that? I'm sensing that companies are passing on a 30% increase in corporation tax and the minimal wage has increased by around 10% so that also will also need to be passed on to the consumer. Then you've got the "lower case 'c'", ever so compassionate, call me, "Dave", Conservatives insisting that everyone on pensions and welfare gets inflation matching increases which has to be paid for by record borrowing. So the Bank of England can't raise interest rates too high as it severely impacts interest on the Conservatives reckless levels of endless debt. Johnson, Sunak, Hunt and Co are operating straight out of Delboy Trotter's economic playbook.

talking about how good the UK economy is doing, sitting in Ireland

What about really removing/taxing the windfall profit that the energy companies are raking?

Raising interest rates is designed to reduce the supply of money as a way to cut inflation, but the problem now is people barely have even enough as it is. Mortgages and rent going up will leave people homeless, or leave the government with a problem to subsidise or prop it all up in some way. Can’t see any sense in just mindlessly raising rates, they don’t think if the tool they’re using is right

19.1% lol. I get the same weekly shop, every week. Food has gone up 350% since April 2021.

This is entirely due to Brexit. If the UK cannot properly diagnose the issue, it will never be solved. The UK constricted it's labour supply. Of course wages aren't rising because the UK is in stagflation, a outcome that we forecasted as part of the Brexit impacts...

reporter: ' is it Brexit's fault?' Expert: 'not at all, we are doing much better than expected' ....goes on to explain why not being in the EU is harming us 🙄

Say it 3 times to stress the point.................................BREXIT BREXIT BREXIT = Johnson = Tories

The problem is in the monetary policy of zero interest rate since 2008 plus bailing out to big to fail banks and giving them the power to I flate the money supply.

Energy price will NOT come down as long as there is profit to be made.

Thank you to the 51% that voted to introduce economic sanctions to the country.

How can you say Brexit is not affecting us but every other EU country is not performing as bad

Profiteering absolutely! Brother works for builders merchants let's just say he hears conversations all the time sadly

I work in a IT support role where I have to remember 100 different things. I get paid 22k and in the US it's treble. 😂

It’s greedflation - why can’t economists admit that?! They are awash with their own professional biases

In addition the pound lost 20% in value against the Euro over the past 8 years.

How many of us actually eat fresh fruit veg yogurts cheese eggs beef chicken regular weekly instead of main food shop pasta bread patotoes cheapest processed food 😢

I live in Australia. Prices aren’t going to come down here sadly. I’ve read prices will still go up but more slowly. It’s awful. I never imagined I’d be struggling so much at my age.

Ask the people complaining about prices how they vote. If it was Tory and Brexit then, you're getting what you voted for.

Please don't get sucked in by "economists" paid by interest groups and banks. This one works for the Institute of Directors who have a vested interest in supressing wages. Inflation does not follow wage growth, inflation follows bad economic decision making by ruling politicians and wage suppression. In the 70s they blamed wage growth for inflation instead of the costs of the Cold War, the Vietnam War and the oil crisis to instal a government of wage suppression and high unemployment. We are seeing the same again, deliberate destruction of the economy so companies can suppress wages to increasing levels of slave labour, and again despite this for 13 years just like in the 80s we have the worst figures, simultaneously, on both growth and inflation in the developed world. STOP LISTENING TO MISINFORMATION. In the words of a physicist: "You can have the best, the most elegant, the most complete theory ever thought of but then we test it against the real World, if a single part contradicts what we see in the real World we dismiss it and throw it into the bin". How many times have we been told that the opposite of what we see in the real World is what we need to do by paid economists of special interest groups and the reich wing?

Bank of England is trapped The increase in price level is partly attributable to energy and other supply side issues which they can't possibly modulate via interest rates

This is what happens when sending a vast amount of money to other countries and not helping ourselves out first

"The British economy doesn't behave as badly as expected." Well of course, the economy went down so much that it would bot be possible to go down even more than it was. So the only thing it could do is bounced.

Inflation eventually going back down isnt the same as prices going back down. It just means that prices arent going up as much anymore. Will prices go back down to their original levels???

Went to Asda flipping cheap as chips Asda, to do my weekly food shop. I was blown away with the fact milk and bread was £5 2 essential foods (cravendale- longer shelf life and seeded batch loaf) £2.50 each. Unfortunately I can’t afford to buy a dairy cow but I started making my own break (new hobby). I’m a house wife and for the first time I have the urge to go back to work. We are just barely surviving with 2 growing children

UK has a clueless out-of-touch government, subservient now to USA and EU, who are still taxing road fuels at 65%, which has the knock on effect on supply chain and the prices of everything. Also distributing money we can't afford to a corrupt government in Kiev where not one penny will be seen by ordinary UKrainians. Since the 1970's successive governments have milked the use of transport, not only in fuel taxation, but also vehicle taxation (using the excuse of an unproven climate change propaganda) and taxation of the insurance industry. It is interesting that the "climate crisis" is only prevalent in USA and Europe and our distant cousins in Australia. The real problem is that devolution introduced a complete new layer of political class parasites, that actually can not be afforded due to big manufacturing industries were allowed to migrate east in favour of a "service industry", which now has no manufacturing industry to serve. China said thank you very much and has made a success of manufacturing which USA is now pretty miffed about. Also US cannot stand the fact that communism was a failure, but still Russia has turned itself around and is prosperous again, as a result they quite literally hate Putin and their success, whilst USA is mired in corruption, drugs and in the same boat as UK with an open border and homelessness. We have the luxury of non.jobs, talking organisations and civil employment because there are now three levels of government. There is also the issue of a now 800 strong Lords that could be carried out by a committee of 20 people. Almost 70% of UK working population are employed directly or indirectly by the state. How does that work? Local councils who actually get their hands dirty, devolved governments who can't manage accounting (which is all they need to do) and Central government who are so out-of-touch that they have no clue on policy, real prices and life in general and don't want to listen to the real grievances of the public such as, how many are now dying, which is much higher than usual.

What about rents? The level of increase, in the double-digits percentage figures, is what's making many people poorer. There is no action from the Government to stop what is a huge profiteering from some wealthy landlords, and what's a necessity for poorer ones who took on a mortgage for their real estate. Things are going crazy, offers without viewings, credit checks performed just to allow people to view a property, let alone to make an offer... This is insane

Let’s not forget the corporations and MPs making alot of 💰 because of this.

Rents (fuelled by mortgage payments) have also gone up massively. A consequence of high interest rates. Thanks to Bank of England.

People are quick to call this ''late stage capitalism'' ,especially in youth circles Correct me if I'm wrong here, but a scarcity of resources creates inflation, with sanctions on countries that usually provide resources (Example: Russia's fossil fuel supply to Europe) or lockdowns (People not being allowed to make the stuff we need) being root causes of a resource shortfall. High immigration also creates a a surplus of home-seekers who battle it out for a finite amount of homes that actually exist (causing house prices to rise). Does anyone know how money printing plays into this?

This is a disgrace, and it wasn't even brought up at prime minister's question time! The government has let this get out of control and has its head in the sand. They should be held held to account and made to do their jobs instead of lining their pockets.

This is nonsense. Many items have doubled in price in the last 18 months while value items have all but disappeared. For example, frozen sweet corn and wholewheat fusilli have doubled in price. Average energy bills are now around £2,500 or more up from £800 for the cheapest tariff 18 months ago. The *removal of value items* from supermarkets means *inflation is around 50% to 100%* over a year for the poorest. *We no longer have just fuel poverty, we have extreme fuel poverty.* Benefits have remained the same at around £3,800 a year with further attacks on benefits from Sunak. Just to cover reasonable living benefit claimants would need a *minimum of £9,000 per year* to cover food, energy, council tax, household goods, clothing and transport. That does not even include rent nor health needs. These figures do not even include the near doubling of rents in many places and the dramatic rise in homelessness nor does it take into account those who are servicing debt after being on furlough, those with long covid struggling to get PIP, the attacks on the unemployed by the *DWP which has seen sanctions rise at least 50% since pre-covid.* Channel 4 is reporting these issues in isolation and *failing to perform overall calculations* and failing to hold the government and agencies to account for lack of benefit rises, minimum wage increases and engagement with striking workers.

Despite everyone blaming the government they aren’t the ones making large companies inflate their prices. However it is time that these companies should be properly taxed. If they then threaten to leave the country and remove employment then we should boycott their goods however that would require collective thinking and actions.

Sunak and Truss done this when he was chancellor and her as a puppet prime minister should both be in prison despicable

The ridiculously overvalued house prices will come back to bite the country and could be the final nail in the coffin for the UK’s future. With the global population now stagnating, demand for educated immigration is heating up and young workers unable to afford the crazy house prices and facing such high taxes would be better off leaving the country. If they start leaving en-mass to countries like Canada, Australia, USA, New Zealand, etc, this will likely accelerate the decline and businesses will also look elsewhere. The UK needs to allow house prices to quickly crash back to realistic levels, i.e halve in price and prevent banks from leading more than 4 times salary going forward to prevent a repeat of the crazy property inflation we saw between 2000-2022.

The UK economy, unlike other G7 countries and EU members, is dealing with the unique problems caused by Brexit. Who would have thought that cutting yourself off from your nearest and most important trading partner would cause problems? Only everyone who voted Remain!

"Quantitative easing" means effectively printing money and that means stored inflation.

The number one cause is the expansion of the money supply since 2008 and bailing out the big bit none of the two economists of service has pin pointed it deliberately missleading the public.

Why is it that UK prices are higher than other European countries? It seems that someone is not balancing the books to enable British consumers to purchase goods at more reasonable prices. I do not believe for one second that the UK Government are incapable of controlling how high food prices increase or the interest rates. It is more like the usual suspects are wanting to squeeze the pockets of the many to line those of the few, nothing new under the sun, the filthy rich are at it again at the expense of the most vulnerable and financially disadvantaged. If you have a skill you can use to make extra money that will be lucrative, I suggest now is the time to put it to work for you. They hide their extras so why should the rules be different for everyone else, so work smarter not harder just like they have done. No point waiting for them to introduce mega pay increases as the amount they will give will be minuscule compared to the cost of products and the new, hiked, interest rates. We need a revolution to vote in non-cronies which will be hard to find, considering most have been at it for years and getting away with it under their devised loopholes and offshore accounts. We should have offshore accounts, it's every person for themselves in this wolves devouring world of unsuspecting souls just trying to make a living for themselves, and their families if they have one and to contribute to their society like a good citizen. The less abled just want compassion, a job they can actually do and stay in, more control over their own lives and the ability like most people desire, to live comfortably, independently and free of debt with a few holidays at home or abroad. I hope the government remember helping the most needy is their duty above all else and no excuses are acceptable. I hope we have better choices in political parties as this feels less like democracy and more like a manipulated, non-option of either lefties and more lefties in terms of a two party race between the Labour party and the Conservative party. I really cannot distinguish the difference in characteristics out of the two runners, if this is all we have I cannot see much changing for Britian and it concerns me as I'm sure it will with other Brits. Jumping to a new party like the Reform party looks good but could tell a different story on paper, especially given they have no experience in running so many institutions, juggling all of them, and dealing with complex issues that are intertwined in every other profession of health, business, financial, social, political and religious organisations.