Love the talking heads. When housing falls, will the grocery numbers magically fall along with them?
I went shopping and discovered that American chickens started laying golden eggs. $4.89/dz!!!
Those prices will eventually come down. What does seem to be persistent (on a global basis) is labor costs. (Specifically on the lower end - can't get people to work unless paid substantially higher than pre-pandemic).
And here we were all these years saying that robotics and automation are deflationary (they are, it's just that the transition isn't smooth, so we're stuck with transitory inflation until enough robotics, AI and automation can take over)
