Note to Janet Yellen and supreme central planners at the Fed: Whatever you do, don’t admit that there’s inflation.
Definitely don’t look at Natural Gas which is ripping another +5.2% higher to $5.48.
That's up almost 30% year-to-date.
And definitely don’t look at the CRB Commodity Index. Or Gold.
Both continue to totally trounce major U.S. equity indices up +4.7% and +9.6% respectively year-to-date.