Historically, I know that in the 70s inflation did a similar thing to today where it felt then bullwhipped right back.
Recent rise in yields are seeing long duration treasuries in the 4-4.5% range. Add to that the recent uplift in GDP forecasting and the re-acceleration of home purchases, and oil volatility with OPEC continuing production cuts and a war with Russia that doesn’t seem to end that’s constraining supply of commodities comparative to Russia being open to the world.
How are we not headed for a bullwhip affect forcing a Volcker style response? Someone please prove me wrong because I want to be badly as a heavy investors in bond ETFs.
Submitted August 16, 2023 at 07:46PM by sonofalando https://ift.tt/SMKgPaT
