Wall Street managers are pushing back on easing inflation hopes
Data suggests inflation is peaking, but some managers aren’t celebrating.
By Denitsa Tsekova, bloomberg
Euphoria is sweeping every corner of Wall Street in the wake of the latest data that suggests inflation is peaking from a four-decade high. Yet big money managers are in no mood to celebrate – betting that the world will have to contend with elevated prices for years to come, in a game-changer for investing strategies of all stripes.
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