MARKET UPDATE - Oil Shock Brings Back Specter Of 1970s Stagflation
As High Yield Landlord members know, we are constantly updating our inflation outlook.
As the facts on the ground change, our outlook changes.
While it would be impressive to give a macro or inflation outlook and then stick to it for multiple months or quarters, that just isn’t realistic. We constantly have to update our view as we learn new things and as other expert forecasters issue their own outlooks.
We are sure that our outlook will change in a few months’ time. But here’s how we see the inflation landscape today.
Unfortunately, there is significant bad news to absorb, but there is also long-term good news to keep in mind.
