I was speaking with people from different sectors for their input (no great secret insiders, just people in differnet sectors of logistics and supply), and China slowed down production a bit due to all these logsitics issues and there is an artificial reprieve from the freight rate and space pressures for the moment.
Black Friday is going to be SEVERELY restricted because stores cannot afford to sell out of inventory over Thanksgiving weekend and then have nothing for Xmas. So retailers will hold back on supply to make it last. Well when demand is strong and retailers hold back on supply you can imagine people treating Xmas gifts like they did toiler paper last year with a huge run on everything. retailers will be wiped out of product by the middle of December and begin ordering again to replenish stocks.
1Q 2022 is going to have a post Xmas hangover as bad as we are seeing in Aug - Oct....
Inflation will get worse and some people predict a market implosion sometime next summer. Makes sense because in the next 6 months the Fed will have to make a move on rates higher and that will suck all the air out of this bubble..
"Black Friday is going to be SEVERELY restricted"