Bank of America: Everyone Knows The Fed Will Stop Tapering As Soon As The S&P Drops 10%
June 13, 2021 at 08:20 AM EDT
There has been much discussion and fierce debate whether the current blast of inflation is permanent, or as the recent sharp drop in bond yields and breakevens despite ever higher CPI prints, which are now annualizing 8.3% or the highest since 1092.