How Sticky Will Inflation Be in 2021?

Published on
March 29th, 2021
40 minutes

The Battles in the Market: Big vs. Small, Stay-At-Home vs. Re-Opening

How Sticky Will Inflation Be in 2021?

Daily Briefing ·
Featuring Peter Boockvar, Trevor Hall and Ed Harrison

Published on: March 29th, 2021 • Duration: 40 minutes

Peter Boockvar, CIO of Bleakley Advisory Group and editor of The Boock Report, joins Real Vision managing editor Ed Harrison to discuss how the next few months will be critical in determining how sticky rising inflation expectations will be. As the vaccination rollout progresses, albeit slowly in many countries, Boockvar explains that markets are continuing to look ahead to the reopening of the economy with fears of inflation constantly present. He sees that the pressures coming from increasing commodity, labor, and services costs could prove to have a lasting effect on inflation expectations in the months to come, and he says this could bolster the 10-year Treasury yield rising north of 2%. They also talk about how this may impact the U.S. dollar. In the second half of the Daily Briefing, Harrison welcomes Trevor Hall, host of the Mining Stock Daily Podcast, to discuss how rising input and commodity costs affect precious metals, industrials, and miners.