Winter will cost U.S. households 28% more than a year ago - U.S. Department of Energy data

Very bad data for the U.S. stock market. U.S. inflation in winter may be very high, despite a rate tightening from the Fed.

Meanwhile, core inflation will also be high largely due to high home rental prices.

The risk of investing in any stock market today is enormous. Fundamentally, equity investments today are as risky as venture capital investments in startups. The world economy is in a perfect storm.