Inflation Isn’t Dead, But It’s Lower Thank We Think

Inflation isn’t dead, but inflation is much lower than the Fed’s rate positioning would make us think, notes Cullen Roche. He discusses the risk of deflation in 2024, as well as how inflation costs impact different sections of the economy. He talks about how this is not an era of fiscal dominance. He previews the next FOMC meeting and highlights that the Fed’s monetary policy tools have asserted clear dominance in the fight against inflation. He then goes over how the big story of the year is the lack of breadth in performance of the U.S. stock market. Finally, he outlines understanding concentration risks in today’s market. Tune in to find out more about the stock market today.