One swallow doesn’t make a summer, but when it comes to slower inflation pressure, there have been several. Will the narrative change soon? Q3 2021 hedge fund letters, conferences and more While Fed Chairman Jerome Powell had been preaching his “transitory” doctrine for months, the thesis was obliterated once again after the headline Consumer Price Index (CPI) surged by 6.8% year-over-year (YoY) on Dec. 10. Additionally, while the Commodity Producer Price Index (PPI) – which will be released on Dec. 14 – is likely provide a roadmap for inflation’s next move, signs of deceleration are already u…

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