Great thoughts and charts, thanks for sharing! As for inflation, it looks as if we’re get another leg down before considering the return of any inflationary spikes higher.
Thanks for your kind feedback! The 2H inflation data will be compared to a low base so indeed inflation will revert upwards a bit, but hopefully with the slowing economy, there won't be runaway inflation either. Americans are earning nice investment income in the meantime while bond yields are elevated!
Great thoughts and charts, thanks for sharing! As for inflation, it looks as if we’re get another leg down before considering the return of any inflationary spikes higher.
Thanks for your kind feedback! The 2H inflation data will be compared to a low base so indeed inflation will revert upwards a bit, but hopefully with the slowing economy, there won't be runaway inflation either. Americans are earning nice investment income in the meantime while bond yields are elevated!
Thanks so much to @Andrew brons for restacking my post!!