Knowing that some of the inflation indicators that investors fixate on are lagging indicators, we want to beat the market to the punch.

Accordingly, we have to be prepared by continuing to look for Tier One Quality microcap companies or maybe even ugly companies that might turn into quality selections, and in particular dissect Q3 press releases, earnings conference call transcripts and SEC filings that might unveil clues of softening inflation that could lead to the Federal easing interest rate hike goals. Who knows, moves by the Fed might happen sooner than later, surprising the market.

We’ll be monitoring supply chain commentary as well as commodity price action, mainly in the food area and other hot pockets in the inflation number cited above.