Surveillance: Levitt on Fed's path forward
Bloomberg Surveillance
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The Challenges of Tightening Cycles
Inflation is likely going to be higher than it was in the last cycle, says Brian Lever. If we have sticky inflation, what does that do to revenues of companies? They do better, don't they? He says investors shouldn't caution them on being too defensive here. "We're getting quite close to the end of the tightening cycle"
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