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Old 12-11-2024, 05:48 PM
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Quote:
Originally Posted by CoachKandSportsguy View Post
per macro analyst this morning on Bloomberg, Dr. David Kelly, Chief Global Strategist for J.P. Morgan Asset Management.

Inflation is currently a rich person's problem, where the bulk of the inflation is in high end services

For the poors, gasoline is down, and shelter costs coming down.
Most very poor don’t own vehicles so no need for gasoline.