I came across this post on twitter last night, and thought it was super insightful. We might dip again, but historically speaking (based on this data), we've seen the lows for the year.
Any thoughts or criticism on this data point?
Another thing to consider is both commodities and bonds have signalled peak inflation, and Fed rate hike expectations are anchored.
https://twitter.com/jasongoepfert/status/1549483829357727745?s=20&t=k5DSIbhN6ggtdpgAfqqDIg
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