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MacroVoices #312 Charlie McElligott: Tightening Cycle Is A Headwind Until It Becomes A Tailwind

Macro Voices

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Inflation - The Final Nail on the Coffin

I am actually of the view, and i think will probably speak to this a little bit later, but that we are pushing into peak inflation territory over these next few months. You are seeing potential signs of inflection across some of those supply snarls. Thereis major c p i an put such as h manheim used vehicles, which are now seemingly turning lower. L a longbeach port congestion back log is now declining in pretty substantial fashion the past few weeks. Baltic dry freight index down 62 % from his. And even, you know, kind of the lagging impact of china's cooling inflation through the global supply chain,. where you've had three consecutive declines in factory

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