Inflation Already Peaked, Really? | David Woo

The market consensus that inflation has peaked and that central banks are off the hook has propelled both stocks and bonds higher since July. The question is whether this is based on facts or wishful thinking? Will inflation return to earth without both interest rates and unemployment rate going much higher? The prevailing convoluted market logic about inflation, interest rates, and recession has created compelling opportunities for smart investors. A former top-ranked Wall Street global macro strategist tells it as it is. You may not agree with everything he says but he will make you reassess everything you thought you knew.

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#inflation #interestrates #recession