Overheating Ahead: The Economy by Itself is Heading for Higher Inflation
This article was originally published on ETFTrends.com.
By Richard Bernstein, Richard Bernstein Advisors Current US economic fundamentals suggest our portfolios remain correctly focused on assets that benefit from higher inflation. Late-cycle environments are generally characterized by rising inflation, and the current late-cycle is so far mimicking history. Chart 1 shows the increasing year-to-year change in the core and headline CPIs over the [...]