Inflation fears tear through C-suites this earnings season

YahooFinance/Brian Sozzi

Repost from 4-26-2021

graphic image of inflation genie out of the bottle“C-suite executives are letting it be known that inflation is a real threat to profits this year, despite a barrage of macroeconomic forecasters saying any increases in commodities such as oil is transitory.”

USAGOLD note:  There are two considerations with respect to this report worth contemplating. First, it gives us an inkling of how inflation can eat into profits and affect stock prices. Second, it provides more anecdotal evidence of inflation building in the economy that could show up in producer and consumer price reports in the near future. The inflation genie is beginning to rise from the bottle……

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