A Look At Markets, Inflation, And Bank Earnings
Bloomberg Intelligence
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Inflation - Can Supply Keep Up With It?
The question will be, can supply keep up with it? Right now, i do believe this is transitory. And certainly it's going to stick around for a while. But i don't think this is yet the permanent type. A gallon of gas in new york city now is north of five dollars since the first time it's been there, seven years. That's inflation for a lot of folks that are looking to fill up their car.
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