07/13/21 02:29 PM EDT
The Silent Thief | Inflation's Rebound
"…
Currently, the market’s 5-year inflation expectations are 2.5%, the highest reading since the Great Recession.
Furthermore, small-businesses’ ability to hire qualified workers has never been so difficult. The NFIB Small Business Jobs Hard to Fill Index touched 48 (out of 50), you guessed it, another All-Time High.
The solution of course is higher wages and passing those costs on to consumers. As the risk of longer-term labor scarcity evolves, it could create a cycle of higher wages, and with it, higher prices. Therein lies the risk of silent theft of our purchasing power.
…"
https://app.hedgeye.com/insights/102240-the-silent-thief-inflation-s-rebound?type=guest-contributors