Inflation Outlook $TIP
There are no signs of deflationary hysteria as inflation protected papers continue to strangle comparable 7-10 yr. notes. The long legged pimp daddy in the White House says we’re defending our “interests and values” abroad, but it won’t be cheap. Gas prices continue to climb, undoubtedly a plot by the Bavarian Illuminati to destabilize my beach parties. Unfortunately the April/May seasonality won’t soften the ascent, but I have assistance in such matters. My central scrutinizer hedged my exposure to this growing transportation rape-tax, by purchasing tickets to Italy months ago. Soon I’ll be dancing in the streets with angry Libyan refugees as I throw fist fulls of freshly unearthed truffles at effigies of Our Dear Leader. Yet, in the end, I’m still long America and our interwebular weapons of kinetic face slapping.
Rule: Personal political opinions shall not interfere with the Work.