Inflations Fears Still Rising

A new survey from Bank of America shows that Inflation has supplanted COVID as the biggest “tail risk” for investors. LikeFolio readers will remember that we broke this story last week, highlighting an ATH level of inflation-related concern from consumers…
The trend has continued to new highs since then.Mentions expressing fear, uncertainty, and concern about inflation are up +83% YoY on a 90-day moving average, +6% higher in the past week.  All eyes will be on the results of the Federal Reserve’s meeting today- Will they be able to assuage investors’ growing fears?