BCA Insights

Kinky Economics

Written by BCA Insights | Nov 19, 2022 4:03:00 AM

The US economy is likely to experience a benign disinflation over the next six months. Stock prices will rise, bond yields will drop, and the dollar will weaken. A more treacherous environment potentially awaits in 2024, by which time the aggregate demand curve may reach the flat side of the aggregate supply curve.