Inflation has yet to peak in most G-10 countries and ‘we are waiting for a proper market reality check’: BofA

MarketWatch/Vivien Lou Chen/3-3-2023

“The inflation genie is still out of the bottle.” – Claudio Piron and Athanasios Vamvakidis, Bank of America strategists

USAGOLD note: And it may require a new approach to investing, according to BoA. At some point, as we have said in the past, markets will need to adjust to the inflation reality and abandon the wishful thinking. The genie, as we all know, is difficult to get back in the bottle once its out.