I've admittedly been an inflation hawk despite following a bunch of nerdy economic types that have been pounding the table for many months now about the fact that we don't have demand driven inflation.  Things are now starting to unfold the way the econ nerds predicted so I'm glad I didn't completely waste all those hours watching YouTube because it kept me balanced (I didn't go wild into energy names thinking oil was going to keep flying, etc, etc). I still blame it all on the Government. They caused the supply shocks  (unnecessarily, IMO....and I think many studies now back that up...because we need to study the obvious these days). And, if they didn't print so much money, the supply shocks would have mostly resulted in substitution instead of price inflation.

Anyway, the econ nerds don't see good things ahead.  Most of them say we're already in a recession and have been. Gov transfers are simply masking it. 

Bulls pigged out on food ...   now there's a little bit of a digestive issue to deal with ....