Five reasons why runaway inflation is imminent – Morgan Stanley
“Fast forward to today, when in Morgan Stanley’s Sunday Start periodical, the bank’s global head of economics, Chetan Ahya, doubles down on this topic and in “Five Reasons why we are inflation bulls” lists all the reasons why not only are 10Y yields set to rise (perhaps violently), but why runaway inflation may be just months away ……”
USAGOLD note: Runaway inflation is usually thought of as the double-digit variety accompanied by commodity shortages. Wall Street has wobbled under such conditions in the past as rising interest rates become an issue. As some have pointed out, we are already getting some fairly stiff increases in the food sector.
Repost from 1-13-2021