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5% Inflation for a Decade?
What Goes Up
The Seven Deadly Sins Within the Market Segment
Vincent de Lurocht is the director of global macro strategy at Stonix Financial. He says inflation will slow, but it's not going back to 2% or 3%. The real Fed pivot will not be to cut rates in 2023, he says. De Lurocht: A decade of 5% inflation is the least painful way to restore sustainable growth.
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