Odd Lots
It’s Time to Talk About Something and Inflation Isn’t the Right Word for it
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Inflation is on everyone’s mind these days. It’s in almost every markets conversation. How bad is it? Who is getting hit by it? Is it transient? What does transient even mean? What is its impact on markets and the Fed?
But there’s another aspect to this discussion, which feels like inflation, but which is about something very different that also needs to be discussed.