UH OH

PPI-CPI: I'm Even More Bearish Now

What is slowing growth, increase in inflation, and deflating assets? STAGFLATION! In fact, the only this different about now and the 70's is that int and inflation rates were in d-digits but makes sense as economy was much smaller. Mkt cheap as every bull is end the end of cycle jsut like home builders and financials were before they tanked BIG! this guy is right but for wrong reasons....