Peak Inflation Is BAD News And This Is Why

The peak inflation narrative is in full swing following the release of the March Consumer Price Index (CPI) and the Producer Price Index (PPI). Each was awful from an inflation reading standpoint, which is part of why there is such a serious desire to believe that these reports are as bad as it’s going to get. Is that true? Can we really be at peak inflation and will that cause the economy to perform better? What about the stock market?

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