Can’t Stop, Won’t Stop–Inflation Will Rage On

Published on
October 26th, 2021
30 minutes

Equities and Commodities Rallying With a Big Earnings Week Ahead

Can’t Stop, Won’t Stop–Inflation Will Rage On

Daily Briefing ·
Featuring Jared Dillian & Ash Bennington

Published on: October 26th, 2021 • Duration: 30 minutes

Earnings season continues with Microsoft, Twitter, Alphabet, Visa, and Robinhood due to release their reports today after market close. With the VIX also rising today, earnings thus far have beaten investor and analysts' expectations, lifting equities to all-time highs. Jared Dillian, editor of the Daily Dirtnap, maintains that it’s far too early to bet on a 180 move in inflation and growth—he claims that, "[The Fed] wouldn’t know how to stop it if they tried." He unpacks his argument here and reflects on investor sentiment as indicated by the raging success of the ProShares Bitcoin ETF launch from last week. Interviewed by Ash Bennington. Want to submit questions? Drop them right here on the Exchange: