These statements about transitory inflation are bs, it is INFLATION!

At the time of the posting, they said I was crazy. It turns out Wildchild did better than the entire Biden team combined.




Recent signs of stickier-than-expected inflation have some Wall Street strategists concerned that investors have become too optimistic about the odds of a soft landing in the US economy.

The prevailing concern is that inflation could enter an era of stagflation, where price increases reaccelerate while economic growth slows. This was most famously seen during the 1970s and 1980s when a swift move down in inflation proved to be a head fake, and the US was left fighting higher prices for more than a decade.

 

And here we are over two years later. Hey UsualName, you blew it. What are you going to do now?

Recent signs of stickier-than-expected inflation have some Wall Street strategists concerned that investors have become too optimistic about the odds of a soft landing in the US economy.

The prevailing concern is that inflation could enter an era of stagflation, where price increases reaccelerate while economic growth slows. This was most famously seen during the 1970s and 1980s when a swift move down in inflation proved to be a head fake, and the US was left fighting higher prices for more than a decade.

 

Always amusing to see predictions like this.

 

I blew it you say, interesting. It seems to me that Team permanent inflation has taken it up the ass and as predicted the dollar is strengthened while inflation has returned to normal. And the dollar will continue to strengthen. Watch for deflation even as OPEC is trying to cut oil production.

Bonus: The Fed may not cut rates this year because the economy is too strong.

 

Inflation hasn't "returned to normal", and your call two years ago turned out to be a bad one. Just say "yeah, my forecast was a little off" and be done with it. Hell, everyone makes errors. But you folks always have to double down. Like saving face makes a damned bit of difference to anyone on an anonymous site.

 

Why? I was right. That statement was from November 2021 and inflation began to fall mid 2022. No decade of inflation happened. Totally transitory inflation.

 

Wrong. No decade of inflation. All of the panic over long term inflation and blaming monetary policy was totally false. This is proven and over.

 

just a correction, we're deep into disinfation, we don't want deflation.

People need to start reading the dictionary don't they

 

I absolutely know we do not want deflation. However, it is my opinion we are heading there still.

 

Ah, I missed the part where you said it had to be a decade of inflation.