I have the similar view that the FED is between a rock and a hard place in term of inflation. All this transitory inflation talk is nothing but just wishful thinking by the FED.
All investment assets are well over valued and the only asset that is unloved is gold. This is where contrarians will make a killing in the coming months.
AIMHO. Please don't invest on the above opinion.
Cheers.
DCN Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held