There are signs of a ‘second chapter in the pandemic price surge

Bloomberg/Joe Weisenthal/1-30-2023

“In a note to clients, Ben Emons of NewEdge Wealth LLC writes that ‘there are signs of a second chapter in the pandemic price surge’, noting that outside of the US we’re starting to see inflation surprise to the upside again.”

USAGOLD note: There are signs of price acceleration within the United States as well – gasoline price being one example. Too, we do not know what the net effect will be on inflation once China gears up production……