Far be it from me to disagree with such a Wall St titan, but I don’t think
I’m seeing it. I don’t think we’re heading for double digit inflation or interest rates. Be interesting to see this morning’s inflation print, but I suspect real interest rates are going to start coming back down this year.
Folks in the ‘70s would’ve partied for a month if interest rates were pointing towards 4% and inflation towards 2%.
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In response to this post by Tuckahokie)
Posted: 01/11/2024 at 07:15AM