IGNORE INFLATION
05/28/2026 |
Talk of Fed rate hikes is insane. Home prices/rents are falling, and they make up over 33% of the CPI. Oil prices are ready to sink once a peace deal is signed. Moreover, wage growth continues to weaken in the face of a soft labor demand, there is no fiscal stimulus on the horizon, and tariff induced inflation will be gone by December. Oh, and don’t forget AI’s deflationary impact!