Economy / FinanceNorth America

Markets adjust to inflation and it’s going to hurt

0

Bank of America sees ‘transitory’ hyper-inflation ahead while ‘shrinkflation’ is already raising prices of basic items We were inflation bears before inflation was cool “Inflation Isn’t Coming – It’s Already Here,” April 19. A month ago, the comedy team of Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen still had the public hypnotized by the idea that inflation hadn’t yet bumped up against the Fed’s 2% target. Now we don’t know about anything but inflation, and Bank of America is talking about “transitory hyper-inflation.” For example: Mentions of inflation have soared in corporate reporting, and this is “pointing…

This content is for Q17 Membership and Classified Membership members only.
Login Join Now
QNavy
QNavy is a pool a 3 former Navy Officers, U.S. Navy & French Navy, who served proudly their countries, specialized in conflict analysis as per their respective skills & experience on Special Ops. #NavyVetUnited

Melinda, Bill Gates announce they will divorce

Previous article

Burkina Faso: Dozens killed in suspected jihadist attack in Kodyel village

Next article

You may also like

Comments

Comments are closed.