From the blog

The Advisor, Autumn 2021: Which is it likely to be?

A Ned Davis Research note published earlier his month was sarcastically titled “Turns out, growth looks like it was transitory – inflation is more sticky”. The title is the inverse of what the US Federal Reserve policymakers have been saying since March.

America is facing its most sustained price pressures since 1990, with headline CPI index up 5.3% in the last year. These price increases all appear to be persistent rather than proving “transitory”, as the Fed claims. However, these alarming price increases pale in comparison with the money supply increase…

Read the Autumn 2021 Advisor