Welcome back readers and new subscribers to BGO's weekly newsletter, The Chief Economist. My name is Ryan Severino, CFA and we've got lots to talk about this week; let's get right to it!
Let’s just say it: inflation is dead. We have suggested as much, many times over the last few months. We’ve discussed how media/prognosticators have mis-measured inflation using stale information when calculated on a year-over-year basis.