D. Alexander Capital CIO Talks Inflation on AusBiz

The big question now is whether inflation is temporary or getting out of control?

"It is far too soon in the U.S. economic recovery to expect convincing evidence that inflation (e.g. housing, lumber, steel) isn’t temporary. While I’m aware this is an inadequate response to the latest inflation data, it is consistent with the Federal Reserve’s current understanding and is, if nothing else, an attempt at intellectual honesty." — Larry Shover, D. Alexander Capital CIO