5% Inflation for a Decade? | What Goes Up
December 2, 2022
285
3
1.05%
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47:06Now Playing5% Inflation for a Decade? | What Goes Up
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as posted by the channelExpectations that inflation will normalize to near 2% in the near term will “end in tears,” according to Vincent Deluard, the director of global macro strategy at brokerage StoneX Financial. He contends growth in consumer prices will remain closer to 5% for about a decade. Deluard joined the latest episode of the What Goes Up podcast to explain why he believes inflation will remain stubbornly high and what that would mean for markets. He also reveals what he calls “Silicon Valley’s Seven Deadly Sins.”
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