I was a trading fool today. Started short, went shorter, flipped positions went long. I think we run mostly positive until the April 12th inflation data at which point it may be like a bomb going off. Think we could touch 8%.
Every time I think we've peaked on inflation a global event happens. Virus mutation, war, new shortages. So this time I wont say that I think we've peaked on inflation even if the backside of the peak is likely to be a slow fall without a shock to global equity markets.