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May 07 2024

Are Prices Impeding Recoveries Elsewhere?

  • May 7, 2024

The Federal Reserve’s ultimate inflation-battle success will be judged entirely on the performance of aggregate numbers, like Core and “Supercore” inflation, and the PCE Deflator. However, we think it’s unlikely that certain cyclical sectors, such as housing and autos, can recover in the absence of outright price cuts in the year ahead.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager

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