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Structural or Transitory?
Published 4 years, 1 month ago
Description
"Prices have risen in many areas, and the question is whether the annualized rate of increase will stay high, or fall back to normal, from these elevated levels. I suspect we are two-thirds through a reset in prices, many of which will prove sticky, but are unlikely to continue at these elevated rates of change." - Barry Ritholtz
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