Inflation Is Temporary: Bullishness on the Economy & Markets Is Wrong
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The consensus for the economy is bullish. After a 6.4% annualized increase in real GDP, that\\u2019s without inflation, in the first quarter, recent forecasts are for 10% GDP growth in the second quarter, 7.5% in the 3rd, and 5% in the fourth.As for inflation expectations, they are up. Again the consensus is that the combination [\\u2026]'