Bloomberg opinion columnist, Allianz Chief Economist, Ex-Pimco CIO and Queens College, Cambridge President Mohamed El-Erian is on the same page we are on inflation going forward:
“Inflation is not going to be transitory. I’ve been pretty certain in my mind about three prior calls (all were spot on). This is the fourth one.”
“I have a whole list of companies that have announced price increases, that have told us they expect further price increases, and that they expect them to stick.”
Among other things, I make mention of the latter in this week’s video, below…
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