{"id":48233,"date":"2023-08-14T12:59:02","date_gmt":"2023-08-14T16:59:02","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/inflation-battle-not-over-forbes-ai-newsletter-august-12th\/"},"modified":"2023-08-14T12:59:05","modified_gmt":"2023-08-14T16:59:05","slug":"inflation-battle-not-over-forbes-ai-newsletter-august-12th","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=48233","title":{"rendered":"Inflation Battle Not Over &#8211; Forbes AI Newsletter August 12th"},"content":{"rendered":"<div>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\"><strong>TL;DR<\/strong><\/h2>\n<ul>\n<li>Both the CPI and PPI inflation figures have come in this week, with CPI coming in slightly below expectations and PPI coming in slightly above<\/li>\n<li>It means we may not have seen the end of rate rises, which could still push the economy into a recession<\/li>\n<li>Problems in the food supply chain have been present since Covid, and it\u2019s led to raised prices, which could continue to be a problem for years but present an opportunity for investors<\/li>\n<li><strong>Top weekly and monthly trades<\/strong><\/li>\n<\/ul>\n<p><em>Subscribe to <\/em><em data-ga-track=\"ExternalLink:https:\/\/refer.tryq.ai\/F9o3fQiyLrb\">the Forbes AI newsletter<\/em><em> to stay in the loop and get our AI-backed investing insights, latest news and more delivered directly to your inbox every weekend. And <\/em><em data-ga-track=\"ExternalLink:https:\/\/refer.tryq.ai\/EOjGrwTsHyb\">download Q.ai today<\/em><em> for access to AI-powered investment strategies.<\/em><\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\"><strong>Major events that could affect your portfolio<\/strong><\/h2>\n<p>While inflation has come down substantially from the highs of last summer, it\u2019s still being watched very closely by those in the know. The Fed\u2019s drastic moves in interest rates to keep a lid on rising prices has been a challenge for businesses across the country, but so far the economy has managed to dodge a recession.<\/p>\n<p>But even though we saw a pause in the rate rise cycle in June, the Fed went right back to raising them in July. Right now it\u2019s looking like we may be at the top of the rate cycle, or at least near it, but that still relies on inflation staying under control.<\/p>\n<p><fbs-ad position=\"inread\" progressive=\"\" ad-id=\"article-0-inread\" aria-hidden=\"true\" role=\"presentation\"><\/fbs-ad><\/p>\n<p>Which is why inflation indices like the Consumer Price Index and the Producer Price Index are being watched so carefully. Any spike in inflation could lead to more tightening from the Fed, which could be enough to bump the country into recession.<\/p>\n<p>So with that in mind, markets breathed a sigh of relief on the announcement of the CPI figures for July, which showed a modest increase in inflation, taking the annualized figure from 3% to 3.2%. That might not seem like good news as it\u2019s the first increase in the annualized figure in over a year, but it\u2019s been well received given that the figure came in below the expectation of 3.3%. However, markets fell back today on release of the PPI figures which came in higher than expected.<\/p>\n<p>What does this mean for investors? In isolation, it\u2019s not enough to warrant any specific investment decisions, but it\u2019s another piece of data that can help build a picture of where we\u2019re at in the economic cycle.<\/p>\n<p>\u2014<\/p>\n<p>On that note, is a recession or a market correction coming? Firstly, it\u2019s important to keep in mind that an economic recession and a market crash aren\u2019t always the same thing. A recent extreme example occurred during Covid, when the stock market boomed while the economy tanked.<\/p>\n<p>Even so, they are related and financial data can provide clues as to what might be going to happen with the stock market. Right now there are some increasing concerns around company earnings, with some analysts of the opinion that a recession (and likely a subsequent market correction) are becoming more likely.<\/p>\n<p>We\u2019ve seen the excitement around AI and efficiency gains prop up company earnings earlier this year, but forward guidance has generally been soft. Negative news is becoming a little more common, with talk this week of WeWork potentially going bust, Tyson Foods closing down processing plants, and layoffs from companies such as Astra and (potentially) Hanesbrands.<\/p>\n<p>But as we mentioned in our monthly performance newsletter, there\u2019s no guarantee on the timing of this. A correction will happen at some point, but the question is whether it will be next week, next month or next year?<\/p>\n<p>For investors, it\u2019s a good time to take a prudent look at their portfolio. Staying invested in growth assets means capitalizing on this bull run while it still has room to grow, but consider shifting a portion of your assets to investments that will shine if and when a downturn does hit, such as the Recession Resistance Kit.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\"><strong>This week\u2019s top theme from Q.ai <\/strong><\/h2>\n<p>Most of us are probably guilty of taking for granted the contents of our refrigerator. Yes, that\u2019s right, the fruit and pasta and (delicious) two-day-old pizza we have at our fingertips any given day of the week is a marvel of the modern economy.<\/p>\n<p>That\u2019s because behind the scenes of the grocery aisles is a massive logistical web of companies and processes which ensures we\u2019re able to buy fresh produce of any kind, any time of year, in any place in the country.<\/p>\n<p>But right now that system is looking a little shaky. Don\u2019t worry, the chances of you needing to become a prepper with a basement full of canned food is pretty slim, but the growing political and economic uncertainty around the world means that food supply chains are coming under pressure.<\/p>\n<p>You\u2019ve probably noticed that food prices have gone up a lot recently, and it\u2019s been a big driver of inflation. In our view, this is a trend that is likely to continue for some time yet, maybe even years. And for investors, anytime there\u2019s price rises, there\u2019s potential for profit.<\/p>\n<p>That\u2019s why we created the Food Fund Kit. We\u2019ve tasked our AI with assessing stocks within a range of different food related verticals, specifically agriculture, fish farming, food retail &amp; restaurants, water treatment and food technology.<\/p>\n<p>Every week our AI analyzes massive amounts of data to predict the stocks and ETFs within these verticals which are expected to perform the best on a risk adjusted basis, and then automatically rebalances accordingly.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\"><strong>Top trade ideas<\/strong><\/h2>\n<p>Here are some of the best ideas our AI systems are recommending for the next week and month.<\/p>\n<p><strong>Tapestry (TPR) <\/strong>\u2013 The fashion company is our <strong>Top Buy for next week <\/strong>with our AI giving them an A rating in our Quality Value factor. Earnings per share is up 17.7% over the last 12 months.<\/p>\n<p><strong>Forza X1 (FRZA) <\/strong>\u2013 The electric boat company is our <strong>Top Short for next week <\/strong>with our AI giving it an F rating in Quality Value and Low Momentum Volatility. Earnings per share was -$0.58 over the last 12 months.<\/p>\n<p><strong>Sovos Brands (SOVO)<\/strong> \u2013 The food company is a <strong>Top Buy for next month <\/strong>with our AI rating them an A in Low Momentum Volatility and Technicals. Revenue was up 21.4% over the last 12 months.<\/p>\n<p><strong>Sitime (SITM) <\/strong>\u2013 The precision timing company is a <strong>Top Short for next month <\/strong>with our AI giving them an F rating in Growth and Quality Value. Revenue is down 30.7% over the last 12 months.<\/p>\n<p>Our AI\u2019s <strong>Top ETF trades for the next month<\/strong> are to invest in fintech and U.S. natural gas and to short long term and short term Treasuries and utilities. <strong>Top Buys<\/strong> are the ARK Fintech Innovation ETF, the United States Natural Gas Fund ETF and the ProShares UltraShort 20+ Year Treasury ETF. <strong>Top Shorts<\/strong> are the Vanguard Utilities Index Fund ETF and the iShares 1-3 Year Treasury Bond ETF.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\"><strong>Recently published Qbits<\/strong><\/h2>\n<p>Want to learn more about investing or sharpen your existing knowledge? Q.ai publishes Qbits on our Learn Center, where you can define investing terms, unpack financial concepts and up your skill level.<\/p>\n<p>Qbits are digestible, snackable investing content intended to break down complex concepts in plain English.<\/p>\n<p><em data-ga-track=\"ExternalLink:https:\/\/refer.tryq.ai\/fyH0XBtc1wb\">Download Q.ai today<\/em><em> for access to AI-powered investment strategies.<\/em><\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.forbes.com\/sites\/qai\/2023\/08\/14\/inflation-battle-not-over-as-a-potential-recession-still-looms-over-marketsforbes-ai-newsletter-august-12th\/\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Both the CPI and PPI inflation figures have come in this week, with CPI coming in slightly below expectations and PPI coming in slightly above It means we may not have seen the end of rate rises, which could still push the economy into a recession Problems in the food supply chain have been [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-48233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Inflation Battle Not Over - Forbes AI Newsletter August 12th | iFintechWorld<\/title>\n<meta name=\"description\" content=\"TL;DR Both the CPI and PPI inflation figures have come in this week, with CPI coming in slightly below expectations and PPI coming in slightly above It\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=48233\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation Battle Not Over - Forbes AI Newsletter August 12th | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"TL;DR Both the CPI and PPI inflation figures have come in this week, with CPI coming in slightly below expectations and PPI coming in slightly above It\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=48233\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-14T16:59:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-14T16:59:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/1692032343_0x0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"838\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=48233#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=48233\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Inflation Battle Not Over &#8211; 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