14th May 2021
- Strong upside inflationary surprise delivering data not seen since 1980s
- While certain outliers appear transitory in nature (used autos), enough momentum/supply side pressure to see inflation linger
- Longer term picture remains unclear – forward inflation expectations a key signal
- How strong does data need to get before Fed/Fiscal stance is altered
For more information please contact Rubrics Asset Management. firstname.lastname@example.org.