While the editorialist here is concerned with inflation (rightly so), there's another story: economic growth. Note Copper, which is the "old farts' indicator" is on a tear.
How long it lasts is another thing, of course...and this is worldwide, not just US.
Also noteworthy is the editorialist's concern over interest rates. If they start moving up faster, US bonds and notes (and bills) will be paying more in interest. That's OK until the US has to re-write its budget to pay the interest. Then things could get ugly.
Hmmmm.
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