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The only PCE analysis I read - and I think the only I need to read!

Thank you! :-)

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Thanks for reading, Simon - I'm glad that you enjoyed the analysis!

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I concur 👍

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Deflation will be the risk.. oh boy, the BRRRRR after that scare!

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Yep, as long as the M2 money supply continues to fall, deflation remains a risk. Should deflation arise, and the money printers be fired up in response, then back the yo-yo moves to another potential bout of high inflation.

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Extremely insightful as always. Thanks

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Thank you, Marlon!

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