Even though the White House is saying inflation will be falling later in the year, it won’t happen.  Inflation will not return to levels we have seen but it may not go up as fast as it has but that does NOT mean it returns to lower levels.    It means it just won’t keep accelerating at the same high clip.  Be ready for an era similar to the 1980’s where we had high spending, higher wages and higher inflation.  The crazy government spending to prop up the economy during the Covid now we will feel the pain.  Do not forget your Econ 101 (economics) class from college days….. when the money supply was or is increased to a great level as it was in Covid, their is a day of reckoning as the market does the market and it does not care who is president or what politicians say.   Prepare yourself and be more hawkish.  I like Defense Contractors, Energy (consumption will quadruple by 2050 driven by Asian based manufacturing and the area’s GDP; regardless of what we do here in the US) mining companies and a few others.  I like 25% at least in cash regardless of the inflation and I like the ETF for the Australian Dollar FXA.  Stay tuned to REAL HOT STOCK TIPS!