No, Inflation Is Not Rolling Over

They were talking up the “commodities reversal” on bubblevision today, so attention needs be paid. The stock peddlers are always looking for an excuse to lure the dip-buying sheep back into the casino, but this one is especially meretricious—the mother-of-all-self-licking ice-cream cones. Still, the “lower inflation around the corner” meme is spreading widely. The WSJ […]
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