While the Fed has succeeded in bringing inflation as measured by headline CPI down from 9% to under 4%, it hasn't won the battle yet.
In fact, CPI has been rising over the past several months.
Today's expert cautions that we're likely to see an unwelcome transition from what he calls "immaculate disinflation" to "sticky inflation", which could serve as the death nail for the current bull run in the markets.
Why? Well, let's ask him.
We're fortunate to have market analyst Darius Dale return to the program.
Follow Darius at his website at https://42macro.com/ Or on Twitter at @DariusDale42
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