Is Deflation, Not Inflation, The Bigger Long-Term Threat? | Stephanie Pomboy
Wealthion - Be Financially Resilient
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Inflation Pressures - What's Going to Be the Big Story This Year?
Inventories are a problem because we've destroyed demand. The inability of companies to pass on higher imput costs unilaterally, which they've been able to do with the tail wind of the stimulus for a long time is going to be the big story this year. If we see profit growth go down, and i'm not telling about the level of profits, it's the rate of change. Andte son that matters so much is not just what it means for the stock market, but the number one input into hiring, the number one decision for hiring, is profit growth.
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