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Are We Just Not Facing That Inflation?
The market basically looks and says, what do i think is going to happen? And what the market basically is telling us is there's going to be a resolution here. So ething git's just looking at that short run. And it doesn't see something going on for ten years, or if it does, it sees it as very contained. The likelihood of its spilling over is low. Everything else is less certain right and probably way out in the distant future. We're seeing the stock market reaction to day, the repecussions of what happens with deglobalization.