Spooz are up only half a percent so far overnight. I'm buying more at 4218 to add to my position.
There are 3 ways we can think about inflation:
1. Inflation doesn't exist. That means that deflation is still a major force. Deflation has been the best for S&P in history.
2. Inflation is temporary. That means that the FED will continue to print. That is great for S&P.
3. Inflation is here to stay. That means that prices of every asset go up. S&P is an asset. That is great for S&P.
Pick your reason and buy S&P.
Remember: stocks can go down, S&P 500 can not.