Summary List Placement

Since the election of President Joe Biden, inflation and its potential comeback have been hot economic topics. Pumping trillions of dollars into the economy could overheat it, critics say, while others see few signs of runaway inflation, either now or in the near future.

Freak events in early 2021 like the Texas freeze and the giant ship stuck in the Suez Canal haven’t clarified the issue, as they contributed to inflationary shocks that may be “transitory” or may not be.

Bank of America’s chief investment strategist, Michael Hartnett, has details ⇒

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