Quote:
Originally Posted by CoachKandSportsguy
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.
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Yikes - just read the chart you supplied - those orange lines are consumed by non-rich people (food, electricity, healthcare, housing)......