Is this the surest sign inflation has turned down hard?

[Data] Inflation turned months ago [DWR Logo]( July 11th, 2024 Hi Reader Below is a picture of a shoe. It’s not just any shoe though. This is a Nike “Dunk” style shoe. It’s plain and basic, but it’s one of Nike’s most popular shoes. And it’s quickly becoming one of the best leading indicators of inflation. [Nike] These Nike Dunks averaged $290/pr in 2021 according to StockX, an apparel reselling marketplace. That was nearly 3X list price. But a lot has changed since then. Today you can walk into any Foot Locker and pick up a pair for the listed price of around $100. There’s even discounts on particularly appealing color combos. This was unheard of in the bubble-in-everything days – including sneakers. But it’s just one of the many products that are collapsing in price. A much broader example is cars. The average price of a used car (as represented by the Mannheim Used Vehicle Index) is falling fast: [value] After an 80% spike, prices have fallen 25% and the trend is down. We realize that means used cars are still up 35% overall, but it’s another sign that many prices are turning down fast. The inflation wasn’t even going up and it won’t be even going down (just compare Nikes to insurance). But for mindful investors, they can see opportunity in inflation winding down. [Click here to see more about the most important inflation indicator of all.]( [Read More Button]( Dynamic Wealth Research 2010 West Avenue K #623 Lancaster, California 93536 We are sending this message to {EMAIL}. [UNSUBSCRIBE]( | [PRIVACY POLICY](