🇺🇸 Inflation
Is US inflation transitory? The BofA US transitory inflation meter remains at 100. BofA expects core PCE inflation will settle down to 2.1% by the end of 2022
👉 https://t.co/h1N9R2c9oDht @BofAML #markets #US #inflation#corecpi #cpi #economy #economics #investing pic.twitter.com/NxO90uWtUd
— ISABELNET (@ISABELNET_SA) July 3, 2021
Thank you #Fed. pic.twitter.com/50BiBk6QoP
— Lance Roberts (@LanceRoberts) July 2, 2021
— Sal the Agorist (@SallyMayweather) July 4, 2021
Durable goods running at double digit inflation… pic.twitter.com/glbeUj9Dko
— SolidusMax (@SolidusMax) July 5, 2021
Basically seeing this play out now. Inflation expectations and reported price inflation are well above Treasury rates. Cash and bondholders have been sitting on deeply negative real yields for a while now.
Base effects are transitory but some of these inflationary forces aren't. https://t.co/LSuRhjdTIS pic.twitter.com/ru2mB7CjHw
— Lyn Alden (@LynAldenContact) July 4, 2021
Major foreign holders of US debt pic.twitter.com/xZoYpkpMOA
— SolidusMax (@SolidusMax) July 4, 2021