The Federal Reserve says we will see inflation but it is "transitory". Congress does not even mention inflation even though it is the most regressive tax out there. But if you want to know the real deal ask real operating businesses and their operators. In the quote...

Money flowing to stocks globally in just the past five months ($576 billion) has exceeded the inflow seen over the prior 12 years by well over $100 billion, according to data from Bank of America Global Research.Why it matters: It's further evidence that the sea...

Speculators are record long, and commercial hedgers are record short. That potentially dangerous constellation is partially disarmed by a much less bearish, larger-scope sentiment picture. The S&P 500 stalled and corrected at peak optimism around 2,400, which has...