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Capital Market Outlook

April 19, 2021

IN THIS ISSUE

  • Macro Strategy — Inflation Complacency: Early warning signs are pointing to big upside inflation surprises ahead.
  • Global Market View — The Great American Growth Revival: The U.S. is leading the global economic recovery and entering into a growth revival.
  • Thought of the Week — It’s All About That CPI Base—But No Trouble: The year-over-year changes in the Consumer Price Index (CPI) over the coming months are likely to be elevated.

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