By Adrien Pichoud, chief economist at SYZ Group
Among developed economies, the US continues to lead the global recovery. Indeed, such is the strength of its economic rebound, debate has shifted from lingering pandemic risks to concerns of overheating and excessive inflation.
The inflation bulls argue an old economist’s adage; that once out of the bag, an inflationary tiger is very hard to coax back in. While we believe the reflationary trade will rema...
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