Can you imagine telling somebody in 1980 that people would be worried about inflation with the 10-year at 1.69% one day in the future?
Investors are worried about inflation because there is inflation. We just saw the biggest m/o/m change in core CPI since 1981.
Investors are worried about inflation because there is inflation. We just saw the biggest m/o/m change in core CPI since 1981.
Here’s a good chart from Bespoke, which shows that CPI has accelerated for six straight months for the first time.
The bad news is prices are rising. The …
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