Jerome Powell and the Terrible, Horrible, No Good, Very Bad CPI

By Adam Grossman, CFA Global Equity CIO, Co-Head of Investment Committee and Dan Zolet, CFA, Associate Portfolio Manager SUMMARY Recent inflation was higher than expected, but forward expectations remain anchored, in our view. We think elevated inflation will support earnings. With this backdrop, we believe large tactical moves become potentially treacherous. It Feels Like the [...] The post Jerome Powell and the Terrible, Horrible, No Good, Very Bad CPI appeared first on ETF Trends .