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Shaking the tree, page-26

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    I reckon this whole reflation trade is bullshit. Pre COVID was poor in regard to wage growth and interest rates are rock bottom for a reason. Only thing that has occurred since is asset prices have become inflated coming out of the pandemic and there may be inflation but it will only be transitory due to logistical issues etc. I think there will be a correction in the DOW based on this and global indices to general to align more with reality and then you could see tech leading the charge again for second half of the year where CCR will find its feet again.
 
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