The current inflation spike has already ended the bull market and is widely expected to end the economic recovery soon. Nonetheless, rather than a “cycle-ender,” the contemporary environment could alternatively play out as a “rate hiccup,” which often occurs as the Federal Reserve and bond vigilantes react to signs of overheated growth during a recovery.
Jun
21
2022
A Cycle-Ender Or A Rate Hiccup?
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![James Paulsen / Chief Investment Strategist](https://leuthold.imgix.net/leutholdgroup.com/site_files/authors/DSC_2988_LR_Jim.jpg?h=150&w=150&fit=crop&fp-y=.15)