The key reason Dwindling economic slack and escalating costs in the context of strong U.S. and global growth.
More Quotes from Richard Berner:
Home prices will rust, not bust, for the next few years.Richard Berner
Change is a constant of the U.S. employment picture. New technology keeps changing the nature of work and the nature jobs. I can't tell you what new technology will have spawned new jobs five years from now, but my guess is there will be one.
Richard Berner
Despite unseasonably warm weather in North America, the threat of a disruption of Iran's oil exports has contributed to higher crude and refined product prices.
Richard Berner
Fed policy makers made a statement that they want to really underpin the recovery. They've seen the downside risks and they want to make sure that low inflation and disinflation does not morph into deflation.
Richard Berner
The U.S. stock market is pricing in a hard landing, an acceleration of inflation and a Fed that may or may not come to the rescue. Part of that message is emanating from the bond market and part of it is coming from some thick smoke signals that the banks are sending.
Richard Berner
Upside inflation risks may require that the Fed move promptly and perhaps a little more forcefully to ensure that inflation and inflation expectations stay low.
Richard Berner
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