BofA’s New Inflation Meter Shows Transitory Hyperinflation

From ZH A little over a month ago, BofA spooked even the most dovish elements on Wall Street and in the Marriner Eccles building, when the bank said that judging by the explosion of references to surging prices in Q1 earnings calls, the bank concluded that this “pointing to at the very least, “transitory” hyper-inflation ahead.” […]

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