11.08.2023 - By John Norris
Although analysts keep saying inflation is coming down, prices at the store certainly aren’t. This is the difference between relativity and absolutism. Although prices have been elevated for a while, consumers continue to have sticker shock. So, how much longer will it be before the average U.S. consumer accepts higher prices are here to stay and move on? While it be next year, 2025 or never? In this week’s Trading Perspectives, Sam and John discuss higher prices and when the U.S. consumer will quit complaining about them. One says next year and the other thinks it will be 2025. Can you guess which?