And autos. Though some of that is due to scarcity. What's interesting is that commodities are soaring. I think we'll see inflation continue in those and consumer goods but deflation in discretionary and luxury. Japan 1980s 🤷♂️
Don't own nothing Zh/https://www.zerohedge.com/markets/americas-minsky-moment-approaches
It's crazy his fast they were to downplay the idea that it was bad actors. Supposedly DOT was informed but the cars were still allowed to cross the bridge. It was a mass casualty event but they're not really focusing on this instead it's all "what does this mean for your consumer goods" inflation justification propaganda.
According to the article it's officially happening now through the end of May but only in San Francisco.