CHART OF THE DAY: What Will Cause Inflation To Accelerate?
Editor's Note: Below is a brief excerpt from today's Early Look written by CEO Keith McCullough. Click here to learn more about the Early Look.
What will cause US INFLATION to #accelerate?
- Oil’s reflation (via lower interest rates, weaker Dollar, more Fed Cowbell, etc.)
- Easier Comps (Base Effects) across key consumer cost centers (see Chart of The Day)
- Ongoing underlying inflationary pressures in the US Labor Market (wages)