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Pimco's Dan Ivascyn on the State of Markets Right Now
Odd Lots
What Do You Think People Got It Wrong on Inflation?
A lot of participants were looking at an inflationary process in a more traditional sense. I think the pandemic itself was quite confusing. It, of course, had a direct supply side impacts on the global economy. But it is remarkable if you said that inflation would be up at nine % people would be talking about a fed in a well behind the curve. So again, mark, it still may be wrong. Are there's still plenty of uncertainty around this inflatior dynamic?
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