Random Gleanings: Persistent Inflation?
Where do markets go from here? Chris starts with an interesting chart on where we were through 48 trading days (March 11) compared to other worst starts to a year, and the surprising results for stocks for the remainder of those other years. He and Jesse then talk through a uniquely challenging difference we are facing in 2022 from the other top years… Rising Inflation! The big question then is whether the Fed beginning a rate hike cycle (0.25% earlier this week) with an expressed commitment to stymie inflation will be enough??? Give it a listen and share your thoughts at email@example.com .
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