Below is our "Chart of the Day" and a brief excerpt from today's Early Look written by our Risk-Manager-In-Chief Keith McCullough.

As a #history reminder, today’s Chart of The Day (slide 26 in the Macro Themes deck which includes our current US INFLATION Nowcasts):

A) INFLATION ramped from +4.85% in Q2 of 2021 to +8.63% by Q2 of 2022
B) INFLATION’s Cycle Peaked, then rolled all the way down to +3.20% by Q2 of 2024

Unless you don’t do Bayesian ROC Math using a Comparative Base Effect Model like we do, you completely missed how the Q2 of 2022 Cycle Peak informed what was a new Cycle Low 2 years later at 3.20%.

CHART OF THE DAY: INFLATION is Here to Stay - cotd

If you're tired of MSM/CNBC narratives and BS financial research, we encourage you to take a closer look at the Early LookYou can thank us later.