Notwithstanding another intervention by Fed, my thermo graph showing a very interesting developing story
Supply chain disruption is very different from GFC liquidity crunch.......traders are back to their desks and for once, it appears they are realizing that central bankers can't print their way out of this particular pandemic mess.
Supply Chain Disruptions Impact On Global Growth: $570 Billion & Growing...Hyperinflation....The key factor in this supply chain disruption risk is that while headline inflation may remain weak due to falling commodity prices, the prices of essential goods may continue to rise faster than official inflation and generate more unrest among citizens all over the world.
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