Inflation and shortages seem to rival the weather now as elevator conversation. On Saturday, a neighbor seeing our cups of Starbucks cold brew, mentioned hearing about shortages at their stores, and mused about what their customers would do without Frappuccinos this summer. The combination of unprecedented fiscal and monetary stimulus over the past year, lots of production having been shut down, and pent demand due to lockdowns has been coming to a head.
One way investors have attempted to play the reflation trade has been to buy gold, but gold has been flat so far this year. mehr hier