Commentary
Last week, Ned Davis Research published a note titled “Turns out growth looks like it was transitory—inflation more sticky.”
A customer prepares to pump gas at a Shell station in San Francisco, on July 12, 2021. Justin Sullivan/Getty Images
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Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat” (2015), and “Life in the Financial Markets.”
