As the US prepares to elect a new President today, inflation chatter is bubbling anew. Although pricing pressure remains low, there are hints that the next occupant of the White House may oversee an economy that’s running a bit hotter in terms of the inflation trend. We’ve heard this forecast before, only to learn that the reflation trade crashed and burned. Is time different? Maybe, although it’s too soon to say for sure. Meantime, let’s look at some numbers for considering what the future may bring.
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