inflation expectations are breaking out and approaching 3-year highs.
Markets aren’t stupid.
While the talking heads debate whether tariffs are inflationary or deflationary, here’s what’s really unfolding:
🔊Money supply is hitting new highs
🔊A shadow Fed Chair is in the mix
🔊Commodities are broadly moving higher
🔊The U.S. dollar is on track for its worst year since the 1970s
🔊And a “Big Beautiful Bill” is already in the works
A resurgence of inflation is already underway.