This is not a prediction that inflation will remain unchanged in April and May but it does point out that one or even two months do not constitute a trend. We may come to find that this panic has been over a threat more imagined than real. Remember, tomorrow is not today. Most of us are absolutely fixated on today's news, today's profits and today's market when we're investing to achieve goals that are off in the future. In reality, today is insignificant.
Tomorrow is critical.
Think of this as the intestinal test. The first is the intellectual test. To pass this test we need to understand the importance of investing in equities. The second test, the intestinal test, is the most difficult investment test to pass. Investing begins as an intellectual exercise and becomes an intestinal experience.