Inflation Far Bigger Threat Than Investors Expect

We’ve been making our inflation bed for years and now it’s time to lay in it.

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Everything-is-awesome attitude won’t last long much longer. Stagflation is here. This round of QE won’t be like the last 4. The economy has never been as addicted to cheap money as it is now. Bond investors will begin to realize that bonds are mispriced. We’ve been making our inflation bed for years and now it’s time to lay in it.

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