“Consumed” by Inflation
May 22, 2021 at 09:00 AM EDT
By Kevin Flanagan, Head of Fixed Income Strategy The “word of the week” in the U.S. financial markets last week was no doubt “inflation.” I’m well aware I wrote an inflation blog last week, but how can you not address the 800-pound gorilla in the room? In both the April CPI and PPI reports, the...