Inflation is not out of control in the US. However, the last three months have shown signs of life in almost every inflation category.
Trump is likely to hit the ground running with a number of inflationary policies. If the environment is disinflationary then this won’t be a problem. But, if the environment is showing signs of inflation then the US central bank could put an end to the stock market party.
Not time to panic, but it is worth monitoring:
