There is not a lot that has changed in the market or my views of them over the past few days. The trends remain tilted to the upside but the near-term is showing signs of stalling activity. My stagflation theme continues to play out. There was nothing in Tuesday’s CPI release or yesterday’s PPI report that would have me alter my view that inflation is picking up and will likely accelerate if there is a Biden win and a “blue wave” in the Senate. This is when I think we are going to get our stimulus package.
What Teaching Teaches Me
What Teaching Teaches Me
What Teaching Teaches Me
There is not a lot that has changed in the market or my views of them over the past few days. The trends remain tilted to the upside but the near-term is showing signs of stalling activity. My stagflation theme continues to play out. There was nothing in Tuesday’s CPI release or yesterday’s PPI report that would have me alter my view that inflation is picking up and will likely accelerate if there is a Biden win and a “blue wave” in the Senate. This is when I think we are going to get our stimulus package.