In light of today& #39;s Jackson Hole announcement by Jerome Powell about the Fed& #39;s new approach to targeting inflation, let& #39;s talk about INFLATION!!!
After 15 years in the financial industry, I still can& #39;t believe how many investors misinterpret inflation. But it& #39;s not their fault bc we& #39;re conditioned by the Fed to think about it the wrong way.