Inflation signals and economy fading/decelerating as expected
That which was built of inflation will deconstruct with inflation’s fade. That’s the rough plan, anyway. It’s important to remember that short-term phases measured in days or even weeks will do what they will do. But the 2023 picture is for inflationary fears, which were so 2021-2022, to fade and along with it the inflated economy (circa 2020) as well.
As if to signal its agreement, the 2 year Treasury bond yield continues to look vulnerable.
And the headlines are chiming in to that effect as well. We are slowly entering the “bust” side of the equation that our heroes at the Federal Reserve cooked up in 2020.
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