I’ll Have The Theme Du Jour. With A Side Of Catchy

"Immaculate disinflation" is the macro theme du jour. I suppose to employ it is to traffic in clichés. Guilty as charged. Market participants' new favorite catchphrase is just another way of saying "hope floats," even if Chinese spy balloons don't anymore. The "immaculate disinflation" premise posits that against the odds, the US economy will experience a sustainable decline in consumer price pressures alongside cooler wage growth despite unprecedented friction in the labor market, which can

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