As inflation decelerates investors will think it's the end of it.
Not my view.
This is a structural problem caused by secular forces:
▪️ Wage growth
▪️ Commodity shortages
▪️ Reckless fiscal spending
▪️ DeglobalizationInflation develops through waves, we just saw the 1st one pic.twitter.com/ZT7DSpXGjX
— Otavio (Tavi) Costa (@TaviCosta) December 13, 2022
h/t silvertomars