The market broke pretty badly on the inflation numbers. It's very consistent with what the trend has been in inflation, it's just nobody wnts to get the memo that this is the trend. I think we could be rught on the hairy edge of a really big down move in markets right here right now. But frankly, we've been surprised over and over again as the belief in the central bank put always seems to restore the markets to new all time hies when i don't think it's possible.
MacroVoices Erik Townsend and Patrick Ceresna welcome Bianco Research founder Jim Bianco to revisit the inflation debate, and Jim says inflation isn’t going away any time soon. They also discuss the equity market outlook, precious metals, and much more. https://bit.ly/3QO1Ml9
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